Bikaji Foods International Infuses Rs 40 Cr into Subsidiary BFRL for Major Expansion

• Bikaji Foods International invested Rs 40 crore in its step-down subsidiary, Bikaji Foods Retail Ltd (BFRL).
• The investment involved subscribing to 10,52,630 additional equity shares in BFRL.
• This strategic move ensures Bikaji Foods maintains its 100% ownership of BFRL.
• BFRL is actively pursuing new business ventures, including cafes, quick service restaurants (QSRs), and other food catering services.
• The subsidiary aims to establish and operate various outlets as part of its expansion strategy.