Annual Report of the Company for the financial year 2025-26

BIKAJI FOODS INTERNATIONAL LIMITED F 196-199, F 178 & E 188, Bichhwal Industrial Area, Bikaner, Rajasthan, India – 334006 T: +91-151-2250350 | E: cs@bikaji.com | W: www.bikaji.com CIN: L15499RJ1995PLC010856 | GST No.: 08AAICS1030P1Z5 Ref: BFIL/SEC/2026-27/38 Date: July 23, 2026 Dept of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai 400 001 (Maharashtra) Mumbai 400 051 (Maharashtra) Scrip Code: 543653 Trading Symbol: BIKAJI Subject: Annual Report of the Company for the financial year 2025-26 Dear Sir/ Madam, We hereby inform you that in continuation to our letter bearing reference number BFIL/SEC/2026-27/15 dated May 21, 2026 and in compliance with the provisions of the Companies Act, 2013, read with the rules made thereunder and Regulation 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and applicable circulars issued by the Ministry of Corporate Affairs (MCA), as amended, from time to time, we hereby enclosing the Annual Report, along with the Notice of 31st Annual General Meeting of the Company for the financial year 2025-26, which is being sent through electronic mode to those Members, whose e‐mail address(es) are registered with the Company/ Depository Participants (“DPs”). Further, in compliance with the requirements of Regulation 36(1)(b) of the Listing Regulations, a letter being sent to those Members, who have not registered their e-mail address(es) with the Company/ DPs, providing the web‐link, including the exact path, from where the Annual Report for the financial year 2025-26 can be accessed on the Company’s website i.e. Bikaji Annual Report 2025-26. In compliance with the requirements of Regulation 46 of Listing Regulations, the said Annual Report is available on the website of the Company and can be accessed at www.bikaji.com. You are kindly requested to take the same on record. Thanking you Yours faithfully, For Bikaji Foods International Limited Rahul Joshi Head – Legal and Company Secretary Membership No.: ACS 33135 Enclosure: As Above Corporate Office: E - 558 - 561, C - 569 - 572, E - 573 - 577, F - 585 - 592, Karni Extension, RIICO Industrial Area, Bikaner, Rajasthan - India – 334004 | T: +91-151-2250350 FRESHER. BOLDER. ROOTED IN Sustainability. Annual Report 2025-26 FRoEMEuMBERInNG OdUR er SOME JOURNEYS reputation. Beyond business growth, he nurtured a culture founded on NEVER TRULY END. THEY trust, quality, integrity and long-term CONTINUE THROUGH relationships. THE INSTITUTIONS Shri Shiv Ratan Agarwal led with humility and purpose. His wisdom, THEY BUILD, THE grounded values and unwavering PEOPLE THEY INSPIRE belief in preserving authenticity while embracing progress continue to AND THE VALUES THEY shape the organisation’s identity and LEAVE BEHIND. aspirations. His passing marks a significant loss With profound sorrow and deep respect, for the Bikaji family. The Board of we remember Shri Shiv Ratan Agarwal, Directors, employees, shareholders, Founder and Chairman of Bikaji Foods business associates and stakeholders International Limited, whose vision and remember him with deep gratitude perseverance laid the foundation of the and respect for his invaluable Bikaji brand and shaped its growth over contributions to the Company and the several decades. lasting legacy he created. A guiding force behind the Company since its inception, he transformed a His thoughts will traditional Bikaneri snacks business into a globally recognised enterprise by continue to guide us. combining authentic taste with modern business practices. Under his leadership, His values will Bikaji expanded its reach across markets continue to inspire us. while remaining firmly rooted in the rich culinary heritage of Bikaner. His legacy will His strategic foresight, entrepreneurial SHRI SHIV RATAN AGARWAL continue to live on. spirit and pursuit of excellence played an 1951 – 2026 important role in building the Company’s strong market presence and enduring Founder and Chairman, Bikaji Foods International Limited BUILDING A NAME NO SUCCESS IS PEOPLE COULD BUILT ALONE TRUST The story of Shri Shiv Ratan creating opportunities for Agarwal is not only a story of future generations. Building a business takes effort. business growth. Building a brand that earns Today, his legacy lives on the trust of generations takes It is also a story of people. through the institution something more. he built, the values he Employees, business championed and the Shri Shiv Ratan Agarwal partners, consumers and generations of people who A DREAM ROOTED understood that tradition communities became part continue to carry his vision created identity, but sustained of a shared journey that IN BIKANER forward. growth required regular extended far beyond the evolution. To take Bikaji beyond growth of a Company. As we honour his memory, There are some places that never of Bikaner could find a place its regional roots, the Company we remain committed to leave a person. in homes across India and Even as the Company would need to evolve while carrying forward the vision, eventually around the world. expanded, he remained remaining true to its identity. values and entrepreneurial For Shri Shiv Ratan Agarwal, guided by the values that ethos established by Bikaner was always one such place. His approach remained Under his guidance, Bikaji had shaped its foundation him, while continuing to consistent through the years. expanded its manufacturing from the beginning. His The flavours of Bikaner were strengthen the goodwill, Preserve what made the capabilities, widened its market contribution extended already known and loved by heritage and legacy of products special, while building presence and adopted modern beyond building a generations. Shri Shiv Ratan the Bikaji brand that he so the scale and capabilities business practices while recognised brand. He helped Agarwal saw the possibility of carefully nurtured over the needed to reach more remaining true to its origins. Yet create an institution that taking those flavours beyond years. consumers. through every stage of growth, continues to carry forward the city that inspired them. the essence of the products the heritage of Bikaner while What began as a local tradition That belief became the remained unchanged. became a larger ambition. He foundation of the Bikaji brand. believed that the authentic taste The roots remained in Bikaner, This ability to preserve but the journey steadily authenticity while embracing expanded far beyond it. change became one of the defining characteristics of the Bikaji journey. Over the decades, Bikaji evolved from a traditional Bikaneri snacks business into an internationally recognised enterprise, introducing the flavours of Bikaner to consumers across India and global markets. IN INDIA’S HIGHLY COMPETITIVE Our journey has always been defined Our expansion into new geographies, by a continuous drive to reimagine including strengthening our presence SNACKS MARKET, WHERE LEGACY how we think, operate and engage in neighbouring and global markets, is with consumers. This reflects in the supported by investments in scalable BRANDS DOMINATE SHELVES AND way we evolve our product portfolio, manufacturing capabilities and strengthen our innovation pipeline efficient supply chain systems. This CONSUMER LOYALTIES RUN DEEP, and respond to shifting consumption allows us to bring heritage products patterns. As markets become more like Bikaneri Bhujia and traditional BUILDING A NEW NAME WAS NEVER dynamic and consumer expectations sweets to newer consumers while SIMPLE. YET, THAT IS EXACTLY WHAT more refined, we remain focused ensuring reliability, freshness and on staying relevant through agility, operational discipline at scale. BIKAJI DID UNDER THE LEADERSHIP creativit [Showing first 8,000 characters — download PDF for full document]