Agreements

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/2026-27/43 Date: August 05, 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: Disclosure pursuant to the requirements of Regulations 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/ Madam, We hereby inform you that in compliance with the requirements of Regulations 30 of the Listing Regulations, as amended, from time to time and in continuation with our letter bearing Ref. No. BFIL/SEC/2026-27/42 dated August 05, 2026, the Board of Directors of the Company, at their meeting held on Wednesday, August 05, 2026, have, inter-alia, considered the following: - 1. Took note of the Joint Venture cum Shareholders Agreement entered into between the Company and C.G. Savory Corp Private Limited (a Company incorporated in Nepal). (Annexure-A) 2. Approved the investment in C.G. Bikaji Private Limited, a Joint Venture Company in Nepal, up to an amount of ₹ 15,00,00,000. (Annexure-B) 3. Approved the incorporation of a Wholly-Owned Subsidiary in Abu Dhabi, United Arab Emirates. (Annexure-C) 4. Approved the grant of 1,00,000 stock options to the eligible employees of the Company under Bikaji Employees Stock Option Scheme 2021 – Scheme I (“Scheme-I”). The stock options will be vested as per the Vesting Schedule of the Scheme-I of the Company, and the ratio of options to share shall be 1 Option = 1 Equity Share, at an exercise price of ₹ 500 per option, having face value of ₹ 1 per equity share. (Annexure-D) The information, as required under Regulation 30 of the Listing Regulations, read with the Securities and Exchange Board of India (SEBI) Master Circular, bearing reference number HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith. In compliance with the Regulation 46 of the Listing Regulations, the above disclosure will also be hosted on the website of the Company and same can be accessed at www.bikaji.com. 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 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 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 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 Annexure – A Disclosure of information pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), read with the Securities and Exchange Board of India (SEBI) Master Circular, bearing reference number HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 Sr. No. Particulars Description 1. Name(s) of parties with whom the Bikaji Foods International Limited (“BFIL”) – India agreement is entered; And C.G. Savory Corp Private Limited (“CG”) – Nepal 2. Purpose of entering into the agreement; Following the approval accorded by the Board of Directors of BFIL on July 23, 2025, BFIL and CG (collectively, the “Parties”) entered into the Joint Venture cum Shareholders Agreement (“Agreement”) on August 05, 2026, for the purpose of incorporating, operating and managing a Joint Venture Company in Nepal, in the name and style of C.G. Bikaji Private Limited (“CG Bikaji”), to synergize the combined experience and expertise efforts of the Parties to the Agreement for undertaking the manufacturing, trading and marketing of snacks, namkeen, bhujia, papad, and packaged sweets within Nepal on a Joint Venture basis, thus, enabling the Parties to achieve their shared business objectives through collaborative efforts. 3. Shareholding, if any, in the entity with Nil whom the agreement is executed; 4. Significant terms of the agreement (in Significant terms of the Agreement include the brief) special rights like right to appoint following; directors, first right to share subscription in case of issuance of shares, right to 1. Right to appoint Directors: Parties shall have the restrict any change in capital structure right to nominate and appoint equal number of etc.; Directors on the Board of the CG Bikaji. 2. Right to subscription: As per the terms of the Agreement, the CG Bikaji will be equally owned by the BFIL and CG i.e. 50:50 stake. 3. Branding and Intellectual Property Rights: CG Bikaji shall use the brand name “BIKAJI” and “CG”, as duly owned by both the parties, respectively. 4. Business: CG Bikaji shall be engaged in the business of manufacturing, trading and marketing of snacks, namkeen, bhujia, papad, and packaged sweets, within the territory of Nepal. 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 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 All other terms and conditions shall be customary for agreements of this nature. 5. Whether, the said parties are related to The CG is not related to the promoter/ promoter group/ promoter/ promoter group/ group group companies of the BFIL. companies in any manner. If yes, nature of relationship; 6. Whether the transaction would fall 1. The CG Bikaji, being a Joint Venture Company, is a within related party transactions? If yes, related party of BFIL and this transaction will fall whether the same is done at “arm’s under the purview of Section 177 of the Companies length”; Act, 2013 and Regulation 23 of the Listing Regulations. 2. It will be done on the Arm’s Length Basis. 7. In case of issuance of shares to the As per the terms of Agreement, the CG Bikaji will be parties, details of issue price, class of equally owned by the BFIL and CG, and capital will be shares issued; infused by the Parties in one or more tranches, as per the mutually agreed terms and conditions. 8. Any other disclosures related to such Not Applicable agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc.; 9. In case of termination or amendment of Not Applicable agreement, listed entity shall disclose additional details to the stock exchange(s): a) Name of parties to the agreement; b) Nature of the agreement; c) Date of execution of the agreement; d) Details of amendment and impact thereof or reasons of termination and impact thereof. 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 BIKAJI FOODS INTERNATIONAL LIMITED F 196-199, F 178 & E 188, Bichhwal [Showing first 8,000 characters — download PDF for full document]