Bikaji Foods Invests $250,000 in USA Subsidiary for Expansion
Filing Summary
Bikaji Foods International Ltd has announced an additional subscription of 25,000 common stocks in its wholly-owned subsidiary, Bikaji Foods International USA Corp, amounting to $250,000. This transaction, completed on December 2, 2025, maintains Bikaji’s 100% shareholding in the subsidiary. The investment is part of Bikaji’s strategy to enhance its distribution network in the USA. Bikaji USA, incorporated in July 2023, operates within the Fast-Moving Consumer Goods (FMCG) industry, focusing on food products. The transaction was conducted on an arm’s length basis, with no change in ownership percentage.
Bikaji Foods International Ltd has completed an additional subscription of 25,000 common stocks in its wholly-owned subsidiary, Bikaji Foods International USA Corp (Bikaji USA). The transaction, valued at $250,000, was finalized on December 2, 2025. This investment was made under the requirements of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The shareholding percentage of Bikaji Foods in Bikaji USA remains unchanged at 100% following this transaction.
The financial terms of the transaction involve a cash consideration for the acquisition of 25,000 common stocks at $10 each. The authorized capital of Bikaji USA is $1,500,000, divided into 150,000 common stocks, while the paid-up capital stands at $1,150,000, divided into 115,000 common stocks. The turnover for Bikaji USA for the period ending March 31, 2025, was reported at $1,769,792.
Bikaji USA operates within the Fast-Moving Consumer Goods (FMCG) industry, focusing on trading various food and food-related products, including bhujia, namkeen, sweets, and frozen food products. The entity was incorporated on July 10, 2023, in New Jersey, USA. The business activities of Bikaji USA align with the main line of business of Bikaji Foods International Ltd.
The transaction is categorized as a related party transaction under Section 177 of the Companies Act, 2013, and Regulation 23 of the Listing Regulations. Mr. Deepak Agarwal and Mrs. Shweta Agarwal, who are part of the promoter group of Bikaji Foods, also serve as directors in Bikaji USA. The transaction was conducted on an arm’s length basis.
The additional subscription was completed on December 2, 2025. No governmental or regulatory approvals were required for this acquisition. The investment aims to enhance Bikaji Foods’ distribution network in the USA, ensuring wider market reach and improved customer accessibility.
Bikaji Foods International Ltd is a prominent player in the FMCG sector, specializing in the production and distribution of traditional Indian snacks and sweets. The company focuses on expanding its market presence both domestically and internationally, leveraging its strong brand recognition and extensive product portfolio.