JKB Financial Services Ltd.

As on : 26-Aug-2026

Corporate News
26-Aug-2026 13:54

Bikaji Foods International sold a 30% stake in Bikaji Bakes to Thayekunni Khaleel for Rs 30,000

Bikaji Foods International Limited sold a 30% equity stake in its wholly-owned subsidiary, Bikaji Bakes Private Limited, to Mr. Thayekunni Khaleel for Rs 30,000, completing the sale on August 26, 2026. Bikaji Foods International Limited will continue to hold the remaining 70% stake in Bikaji Bakes Private Limited, which reported revenue of Rs 319.83 thousand and a net worth of Rs (6,128.46) thousand for the financial year ended March 31, 2026, and is considered a non-material subsidiary; the transaction was conducted at arm’s length and falls under the purview of the Companies Act, 2013 and Listing Regulations, with Deepak Agarwal and Shweta Agarwal, promoters of Bikaji Foods International Limited, also serving as directors of Bikaji Bakes Private Limited.

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