BIKAJI FOODS INTERNATIONAL LIMITED has announced significant strategic moves, including approval for a joint venture investment in C.G. Bikaji Private Limited in Nepal, up to ₹15,00,00,000. Additionally, the company will establish a wholly-owned subsidiary in Abu Dhabi, UAE, to optimize international supply chain operations. The Board also approved the grant of 1,00,000 stock options to employees under the Bikaji Employees Stock Option Scheme 2021.
Strategic Expansion and Growth Initiatives
BIKAJI FOODS INTERNATIONAL LIMITED (BFIL) has announced key decisions made by its Board of Directors on August 05, 2026, aimed at bolstering its global presence and employee incentives. These approvals align with the company’s ongoing growth strategy and commitment to stakeholder value.
Nepal Joint Venture Investment
The Board approved an investment in C.G. Bikaji Private Limited, a joint venture company in Nepal. The investment is capped at an amount of ₹15,00,00,000. This venture, a collaboration with C.G. Savory Corp Private Limited, will focus on the manufacturing, trading, and marketing of snacks, namkeen, bhujia, papad, and packaged sweets within Nepal. The agreement establishes a 50:50 stake between BFIL and C.G. Savory Corp Private Limited, with C.G. Bikaji set to leverage both brands.
Establishment of UAE Subsidiary
In a move to strengthen its international operations, BFIL will incorporate a wholly-owned subsidiary in Abu Dhabi, United Arab Emirates. This new entity, potentially named “BIKAJI FOODS INTERNATIONAL UAE LIMITED”, will operate within the Khalifa Economic Zones Abu Dhabi (KEZAD). The subsidiary’s primary objective is to enhance and optimize the company’s international supply chain operations, particularly within the Middle East market. The investment for this subsidiary is planned up to an amount of AED 1,00,00,000.
Employee Stock Option Grant
Further reinforcing its commitment to its workforce, the company has approved the grant of 1,00,000 stock options to eligible employees under the Bikaji Employees Stock Option Scheme 2021 – Scheme I. These options are exercisable at ₹500 per stock option, with a face value of ₹1 per equity share. The vesting schedule is set to occur over three years: 40% after the first anniversary, 30% after the second anniversary, and the remaining 30% after the third anniversary from the grant date. The options have a 7-year exercise window post-vesting and the equity shares allotted will rank pari-passu with existing shares.
Website Disclosure
In compliance with regulatory requirements, this disclosure will also be hosted on the company’s website, www.bikaji.com.
Source: BSE
