Bikaji Foods International Limited has announced the allotment of 1,43,690 equity shares to eligible employees under its Employee Stock Option Scheme 2021. The allotment was approved by the company's Nomination and Remuneration Committee through a circular resolution passed on March 12, 2026, in compliance with SEBI regulations.

Share Allotment Details

The company allotted equity shares with specific terms and pricing structure to eligible employees under the scheme.

The newly allotted equity shares will rank pari-passu with the existing equity shares of the company in all respects, ensuring equal rights and privileges for all shareholders.

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up share capital and total outstanding shares.

The distinctive numbers for the newly allotted shares range from 25,10,32,710 to 25,11,76,400, and they have been issued in demat form under ISIN number INE00E101023.

Regulatory Compliance

The allotment was conducted in accordance with multiple regulatory frameworks and company policies. The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI Listing Regulations and Regulation 10(c) of the SEBI Share Based Employee Benefits and Sweat Equity Regulations, 2021.

Key compliance aspects include:

• Filing with BSE Limited (Scrip Code: 543653) and NSE (Trading Symbol: BIKAJI)
• Adherence to the Bikaji Employee Stock Option Scheme 2021 – Scheme-I guidelines
• Proper documentation and disclosure requirements fulfilled
• No lock-in period applicable for the allotted shares

Listing and Trading Information

The company's shares are listed on both BSE Limited and National Stock Exchange of India Ltd. Since the post-allotment paid-up capital remains within the ₹100 crore slab for which listing fees have already been paid, no additional listing fees are payable for these newly allotted shares. The shares will be available for trading immediately as they are identical to existing equity shares in all respects.

Bikaji Foods International Limited has completed the acquisition of the remaining 48.78% equity stake in its subsidiary Petunt Food Processors Private Limited (PFPL), transforming it into a wholly-owned subsidiary effective March 06, 2026. The transaction, valued at ₹8.00 crore, represents a strategic move to consolidate the company's operations in the South territory.

Transaction Details

The acquisition involved the purchase of 35,98,998 equity shares of PFPL, each with a face value of ₹10. Prior to this transaction, Bikaji Foods held a 51.22% equity stake in PFPL. With the completion of this acquisition, the company now owns 100% of PFPL's equity capital.

About Petunt Food Processors

PFPL, incorporated on September 14, 2017, operates in the Fast-Moving Consumer Goods (FMCG) industry. The company is engaged in manufacturing, processing, preparing, preserving, refining, buying, selling, packing, re-packing, labeling, and sorting of various food and food-related products, including sweets and namkeen food products.

Financial Performance

PFPL has demonstrated consistent growth over the past three years:

Capital Structure

PFPL maintains a robust capital structure with an authorized share capital of ₹8.00 crore, divided into 80,00,000 equity shares of ₹10 each. The paid-up share capital stands at ₹7,37,80,980, comprising 73,78,098 equity shares.

Strategic Rationale

The acquisition aims to consolidate Bikaji Foods' holding and establish full ownership and control over PFPL's operations, which form an integral part of the company's business in the South territory. The transaction was conducted on an arm's length basis, with the business activities of PFPL aligning with Bikaji Foods' main line of business.

Regulatory Compliance

The transaction was disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. As PFPL is a subsidiary, it qualifies as a related party under Section 188 of the Companies Act, 2013, and Regulation 23 of the SEBI Listing Regulations. Mr. Deepak Agarwal, a promoter of Bikaji Foods, also serves as a director in PFPL.