Bikaji Foods International Promoters Maintain 73.878% Shareholding as of March 31, 2026

2 min read     Updated on 30 Apr 2026, 08:04 AM
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Bikaji Foods International Limited has filed its annual promoter shareholding disclosure for FY26, confirming that the promoter and promoter group collectively hold 18,52,39,398 shares representing 73.878% of the company's total shareholding as of March 31, 2026. The disclosure, submitted to BSE and NSE on April 03, 2026, confirms no encumbrance of shares was made during the financial year. The complete promoter group comprises 60 entities, with the top five holders accounting for the majority of the stake.

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Bikaji Foods International Limited has filed its annual promoter shareholding disclosure, confirming that the promoter and promoter group collectively maintain a substantial 73.878% stake in the company as of March 31, 2026. The disclosure was submitted to BSE and NSE on April 03, 2026, in compliance with regulatory requirements under the SEBI Takeover Code.

Promoter Shareholding Details

The promoter group holds a total of 18,52,39,398 shares representing 73.878% of the company's total shareholding. The disclosure confirms that no encumbrance of shares was made by the promoters or persons acting in concert during the financial year ended March 31, 2026.

Key Shareholding Distribution

The promoter shareholding is distributed among several entities and individuals within the promoter group:

Promoter Name Shares Held Percentage
Shiv Ratan Agarwal 8,44,93,200 33.698%
Shiv Ratan Agarwal HUF 6,12,02,520 24.409%
Deepak Agarwal 3,58,55,880 14.300%
Sushila Agarwal 36,24,300 1.445%
Deepak Agarwal HUF 17,460 0.007%

Additional promoter group members with smaller holdings include Pratishtha Agarwal (11,520 shares, 0.005%), Sahnvi Agarwal (11,520 shares, 0.005%), Kedar Chand Sandeep Kumar Agarwal HUF (10,000 shares, 0.004%), Nikita Goyal (7,998 shares, 0.003%), and Renudevi Gopal Agrawal (5,000 shares, 0.002%).

Regulatory Compliance

The disclosure was made pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Deepak Agarwal, representing the promoter group, signed the disclosure on behalf of all promoters and promoter group entities.

Promoter Group Composition

The complete promoter group comprises 60 entities including individuals, Hindu Undivided Families (HUFs), private limited companies, limited liability partnerships, trusts, and partnerships. While several entities are listed as part of the promoter group, many hold zero shares in the company as of March 31, 2026. These include entities such as Ajmer Industries LLP, Annapurna Trust, Basant Vihar Hotels Private Limited, Bikaji Mega Food Park Private Limited, and various other corporate entities and trusts.

Historical Stock Returns for Bikaji Foods International

1 Day5 Days1 Month6 Months1 Year5 Years
-2.06%-1.20%+9.67%-7.67%-4.72%+113.15%

Will Bikaji Foods consider reducing promoter shareholding through secondary offerings to improve public float and liquidity?

How might the concentrated promoter ownership of 73.878% impact potential institutional investor interest and ESG ratings?

Could the complex promoter group structure with 60 entities create governance challenges or succession planning issues?

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Bikaji Foods International Announces Passing of Founder Shri Shiv Ratan Agarwal

1 min read     Updated on 24 Apr 2026, 08:09 AM
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Bikaji Foods International has officially announced the passing of its founder Shri Shiv Ratan Agarwal on April 23, 2026, through regulatory filings to BSE and NSE. The company emphasized his pivotal role in building the Bikaji brand foundation and transforming traditional snacks business into an internationally recognized enterprise, while committing to carry forward his vision and entrepreneurial legacy.

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Bikaji Foods International has announced the demise of its founder, Shri Shiv Ratan Agarwal, who passed away on April 23, 2026. The company made this solemn announcement through regulatory filings to stock exchanges, marking a significant moment for India's third largest ethnic snacks company and the second fastest-growing player in the organized snacks market.

Official Regulatory Filing

The company issued an official intimation to BSE Limited and National Stock Exchange of India under Regulation 30 and 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulatory filing, bearing reference number BFIL/SEC/2026-27/10, was submitted on April 23, 2026, confirming the unexpected demise of the founder.

Parameter: Details
Date of Demise: April 23, 2026
Position: Founder, Promoter, Chairman and Whole-Time Director
DIN: 00192929
Regulatory Reference: BFIL/SEC/2026-27/10
Filing Regulation: Regulation 30 and 31A of SEBI Listing Regulations
BSE Scrip Code: 543653
NSE Trading Symbol: BIKAJI

Founder's Legacy and Business Impact

Shri Shiv Ratan Agarwal was described as a guiding force of the company since its inception and had built the foundation of the brand 'Bikaji'. According to the official company statement, he was pivotal in steering the company towards success and growth, transforming the traditional Bikaneri snacks business into the internationally recognized Bikaji brand by combining authentic taste with modern business practices. His strategic acumen and ability to adeptly handle complex challenges significantly bolstered the company's operational sustainability.

Corporate Governance Changes

Following his demise, Shri Shiv Ratan Agarwal will cease to be a Promoter/Promoter Group member of the company in accordance with Regulation 31A(6)(c) of the Listing Regulations. The regulatory filing was signed by Rahul Joshi, Head – Legal and Company Secretary (Membership No.: ACS 33135), confirming the official notification to stock exchanges.

Company's Commitment Moving Forward

The Board of Directors, management and employees have expressed their deepest condolences to his family and loved ones. The company remains committed to building upon the strong foundation laid by him and will continue to uphold and strengthen the goodwill of the Bikaji brand by carrying forward his vision, principles, and entrepreneurial ethos. Guided by his legacy, the company will strive to sustain its growth trajectory and continue to lead a profitable and responsible business.

Historical Stock Returns for Bikaji Foods International

1 Day5 Days1 Month6 Months1 Year5 Years
-2.06%-1.20%+9.67%-7.67%-4.72%+113.15%

Who will succeed Shri Shiv Ratan Agarwal as Chairman and how might the leadership transition affect Bikaji's strategic direction?

How will the change in promoter group composition impact Bikaji's shareholding structure and potential future fundraising plans?

What measures will Bikaji implement to maintain its market position as India's third largest ethnic snacks company during this leadership transition?

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