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Shrikant Pandey

5th Aug · SEBI-Registered Analyst

$BIKAJI

BIKAJI FOODS: EXPANDS GLOBAL FOOTPRINT WITH NEPAL JV & UAE SUBSIDIARY 🌍🥨 • 🇳🇵 Approved investment of up to ₹15 crore in CG Bikaji Pvt. Ltd., a 50:50 joint venture with Nepal's C.G. Savory Corp to manufacture and market snacks and packaged foods in Nepal • 🤝 JV will leverage Bikaji's brand and CG's local expertise to strengthen presence in the Nepal FMCG market • 🇦🇪 Approved incorporation of a wholly owned subsidiary in Abu Dhabi (UAE) to strengthen international supply chain and expand Middle East operations • 💼 Approved grant of 1 lakh ESOPs to eligible employees under the ESOP Scheme 2021 🟢 Impact: Positive (Expansion into Nepal and the Middle East supports Bikaji's international growth strategy and strengthens its global presence.)

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