Bikaji Foods completes acquisition of 74% stake in Jai Barbareek Dev Snacks

1 min read Updated on 03 Jul 2026, 03:26 AM

Reviewed by

Jubin VScanX News Team

AI Summary

Bikaji Foods International Ltd has completed the acquisition of a 74% equity stake in Jai Barbareek Dev Snacks Private Limited for a cash consideration of ₹1,48,000. The transaction makes the target entity a subsidiary, enhancing market presence in Chhattisgarh. Jai Barbareek Dev Snacks reported a turnover of ₹19.81 crore for the financial year ended March 31, 2025.

*this image is generated using AI for illustrative purposes only.

Bikaji Foods International Ltd has completed the acquisition of a 74% equity stake in Jai Barbareek Dev Snacks Private Limited for a cash consideration of ₹1,48,000. The transaction, which concluded on July 02, 2026, makes Jai Barbareek Dev Snacks a subsidiary of Bikaji Foods International , enabling the company to accelerate business growth and enhance its market presence in Chhattisgarh.

The acquisition involved the purchase of 14,800 equity shares, each with a face value of ₹10, from existing shareholders. Jai Barbareek Dev Snacks, incorporated on May 20, 2022, is engaged in the manufacturing and selling of snacks and namkeen items. The entity also undertakes contract manufacturing for Bikaji Foods International.

Financials and Operational Details

Jai Barbareek Dev Snacks belongs to the Fast-Moving Consumer Goods (FMCG) industry. The company has an authorised share capital of ₹10,00,000 and a paid-up share capital of ₹2,00,000. Following the acquisition, the entity has become a related party of Bikaji Foods International under Section 188 of the Companies Act, 2013, and Regulation 23 of the Listing Regulations.

The target entity has demonstrated significant growth since commencing operations. Its turnover for the financial year ended March 31, 2025, stood at ₹19.81 crore, up from ₹0.04 crore in the previous year.

Financial Year	Turnover (₹ in Crore)
2024-25	19.81
2023-24	0.04
2022-23	Business not commenced

The business of Jai Barbareek Dev Snacks is not outside the main line of business of Bikaji Foods International. The acquisition was approved by the Board of Directors on May 21, 2026, as per the intimation provided to the exchanges. No specific governmental or regulatory approvals were required for this transaction.

Historical Stock Returns for Bikaji Foods International

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.07%	+3.37%	-0.47%	-9.98%	-10.98%	+108.60%

How will Bikaji Foods integrate Jai Barbareek Dev Snacks to further expand its market presence in Chhattisgarh?

What impact will this acquisition have on Bikaji Foods' overall revenue and profitability in the upcoming fiscal year?

Are there plans to scale up Jai Barbareek Dev Snacks' contract manufacturing capabilities for Bikaji Foods?

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Bikaji Foods holds analyst meetings in London

0 min read Updated on 09 Jun 2026, 03:34 AM

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Suketu GScanX News Team

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AI Summary

Bikaji Foods International Limited successfully conducted one-to-one meetings with analysts and institutional investors on June 08, 2026, in London, United Kingdom. The management utilized publicly available investor presentations and confirmed no unpublished price sensitive information was shared. The disclosure was made in compliance with Regulation 30 of the SEBI Listing Regulations.

*this image is generated using AI for illustrative purposes only.

Bikaji Foods International Limited successfully conducted one-to-one meetings with analysts and institutional investors on June 08, 2026, in London, United Kingdom. The management utilized investor presentations that are publicly available on the company’s website and stock exchanges’ platforms. The company confirmed that no unpublished price sensitive information was shared during the proceedings.

This disclosure was submitted in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation follows a previous letter dated June 01, 2026, regarding the schedule. In compliance with Regulation 46 of the Listing Regulations, the disclosure is hosted on the company’s website.