Bikaji Foods International Limited, a prominent player in the Fast Moving Consumer Goods (FMCG) sector, has reinforced its commitment to the US market by investing an additional $150,000 in its wholly-owned subsidiary, Bikaji Foods International USA Corp. The company made this strategic move on October 25, 2025, by subscribing to 15,000 common stocks, each valued at $10.00.

Investment Details

The investment maintains Bikaji's 100% shareholding in the US entity, which was incorporated on July 10, 2023, in New Jersey. This additional subscription brings the total paid-up capital of Bikaji USA to $1,050,000.00, divided into 105,000 common stocks of $10.00 each.

Financial Performance

Bikaji USA has shown promising growth since its inception. The subsidiary, which operates in the FMCG industry with a focus on trading food items, reported a significant increase in turnover:

Strategic Objectives

The primary objectives of this investment, as stated by Bikaji Foods International Limited, are:

1. To accelerate business growth in the United States
2. To enhance market presence
3. To strengthen distribution networks, ensuring wider reach and improved customer accessibility

Corporate Governance

The transaction is classified as a related party transaction, conducted on an arm's length basis. Mr. Deepak Agarwal and Mrs. Shweta Agarwal, who are part of the promoter and promoter group of Bikaji Foods International Limited, also serve as directors in Bikaji USA.

Market Impact

This move underscores Bikaji's commitment to expanding its international footprint, particularly in the US market. By bolstering its US subsidiary, Bikaji aims to capitalize on the growing demand for Indian snacks and food products in North America.

As Bikaji Foods International Limited continues to strengthen its global presence, investors and market watchers will be keen to observe how this strategic investment translates into revenue growth and market share in the competitive US FMCG landscape.

Bikaji Foods International Limited , a prominent player in the Indian snacks industry, has disclosed that its Managing Director has been summoned by the Directorate of Enforcement (ED) in connection with an ongoing investigation into the Rajasthan Premier League. The summons, issued under the Prevention of Money Laundering Act, 2002 (PMLA), requires the Managing Director to appear in person before the authority.

Investigation Details

The investigation pertains to the Rajasthan Premier League, an event conducted by the Rajasthan Cricket Association. Bikaji Foods, along with other parties involved in the league, has been called upon to present records related to transactions with the Rajasthan Cricket Association.

Company's Response

In an official statement, Bikaji Foods has clarified its position:

• Limited Involvement: The company emphasized that its participation in the Rajasthan Premier League was strictly limited to sponsorship activities.
• Business as Usual: The sponsorship was described as part of the company's ordinary course of business, aimed at promotion, visibility, and development of business interests.
• No Operational Role: Bikaji Foods stated it had no involvement in the management, conduct, or operational aspects of the league beyond the sponsorship arrangement.
• Transparent Transactions: All payments made towards sponsorship were reportedly properly documented, accounted for, and conducted through valid banking channels.
• Cooperation Assured: The company has committed to full cooperation with the authorities and compliance with all legal requirements in this matter.

Financial Impact

At this stage, Bikaji Foods International Limited has stated that there is no financial impact on the company. The inquiry is at a preliminary stage, and no specific violations or contraventions have been alleged by the authorities.

Company Background

Bikaji Foods International Limited, founded in 1993 by Shiv Ratan Agarwal, has grown to become the third-largest ethnic snacks company in India. With operations in 28 states and 7 union territories across India, the company also exports its products to 43 countries worldwide. Bikaji's product range includes bhujia, namkeen, packaged sweets, papad, western snacks, and other snack categories.

The company remains committed to addressing the inquiries raised by the Enforcement Directorate while maintaining its focus on its core business operations. As the investigation unfolds, stakeholders will be keenly watching for any potential impact on Bikaji Foods' market position and operations in the competitive Indian snacks industry.