Bikaji Foods International Ltd has approved loans worth ₹25 million to Dadiji Snacks and ₹40 million to Food Processors, alongside a $500,000 investment in its U.S. subsidiary. These strategic financial moves aim to support subsidiary growth, enhance operations, and expand the company’s footprint in key markets.
Bikaji Foods International Limited announced several strategic financial approvals aimed at bolstering its subsidiaries and supporting growth initiatives. The company approved a ₹25 million loan to Dadiji Snacks Pvt Ltd and a ₹40 million loan to Food Processors Pvt Ltd. These funds are intended to strengthen working capital and operational capabilities, ensuring efficient subsidiary functioning.
In a move to enhance its international presence, particularly in the United States, Bikaji Foods also sanctioned a $500,000 investment in its wholly-owned U.S. subsidiary. The injection of capital will help accelerate business expansion, improve market penetration, and strengthen distribution networks in the competitive U.S. market.
Bikaji Foods continues to pursue strategic investments and partnerships to consolidate its position in the fast-moving consumer goods (FMCG) sector domestically and internationally.
Key Highlights:
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₹25 million loan approved for subsidiary Dadiji Snacks Pvt Ltd.
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₹40 million loan granted to subsidiary Food Processors Pvt Ltd.
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$500,000 capital investment in Bikaji Foods’ U.S. subsidiary to support growth.
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Moves strengthen subsidiary operations and support international market expansion.
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Reinforces Bikaji’s commitment to sustainable growth and global footprint enhancement.
Sources: Bikaji Foods International official disclosures, company filings, market reports