Bikaji Subsidiary in US Receives Additional $150,000 Investment
Filing Summary
Bikaji Foods International Limited made an additional subscription of 15,000 common stocks of USD 10 each, totaling USD 150,000, in its wholly owned subsidiary Bikaji Foods International USA Corp. The subsidiary, incorporated in New Jersey in July 2023, continues to remain 100% owned by Bikaji Foods. The transaction was completed on October 25, 2025, through a cash subscription, carried out on an arm’s-length basis. Bikaji USA operates in the FMCG sector and reported a turnover of USD 1,769,792 for FY 2024–25.
Bikaji Foods International Limited has informed that it has made an additional subscription of 15,000 common stocks of USD 10 each, amounting to USD 150,000, in its wholly owned subsidiary Bikaji Foods International USA Corp (“Bikaji USA”). The subscription was completed on October 25, 2025.
Following this subscription, Bikaji Foods continues to hold 100% shareholding in Bikaji USA. The additional capital infusion does not alter the ownership structure of the subsidiary.
Bikaji USA was incorporated on July 10, 2023, in the State of New Jersey, United States, as a wholly owned subsidiary of Bikaji Foods International Limited. The entity operates in the Fast-Moving Consumer Goods (FMCG) sector and is engaged in the trading of food items. As of March 31, 2025, Bikaji USA reported a turnover of USD 1,769,792.
The authorised capital of Bikaji USA stands at USD 1,500,000, divided into 150,000 common stocks of USD 10 each, while its paid-up capital before the current subscription was USD 900,000, divided into 90,000 common stocks.
The transaction has been carried out on an arm’s-length basis and falls under the purview of related party transactions in accordance with Section 177 of the Companies Act, 2013 and Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Promoters Mr. Deepak Agarwal and Mrs. Shweta Agarwal, who are part of the promoter group of Bikaji Foods International Limited, also serve as Directors of Bikaji USA.
No regulatory or governmental approvals were required for this additional subscription. The consideration was made in cash, and the process was completed on October 25, 2025.
The objective of the subscription is to support the growth and expansion of Bikaji Foods’ distribution network in the United States and to enhance its presence in the overseas market. The business of Bikaji USA remains aligned with the core business of Bikaji Foods International Limited.
About Bikaji Foods International Limited
Bikaji Foods International Limited is engaged in the manufacturing and marketing of packaged snacks, sweets, namkeens, and ready-to-eat products. Headquartered in Bikaner, Rajasthan, the company operates across domestic and international markets through its own distribution network and subsidiaries.