BSECompany Update27 Aug 2026 · 27 Aug 2026, 08:49 am

Press Release

Bikaji Foods International Ltd · 543653

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Bikaji Foods International Ltd has partnered with world-renowned bakery expert Mr. Thayekunni Khaleel to drive the next phase of growth for its subsidiary Bikaji Bakes Private Limited. The partnership involves transferring a 30% equity stake in BBPL to Mr. Khaleel, while Bikaji Foods retains a 70% majority stake.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment9/10

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Bikaji Foods International Ltd - 543653 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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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/2026-27/53 Date: August 27, 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 Regulation 30 of the Listing Regulations, as amended, from time to time, enclosing herewith a copy of the Press Release issued by the Company, in connection with the Partnership with world-renowned bakery expert Mr. Thayekunni Khaleel to drive the next phase of growth for Bikaji Bakes Private Limited, subsidiary of the Company, the content of which is self- explanatory. In compliance with the Regulation 46 of Listing Regulations, the aforesaid disclosure will also be hosted 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 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 Press Release Bikaji Foods International Limited Partners with World-Renowned Bakery Expert Thayekunni Khaleel to Drive the Next Phase of Growth for Bikaji Bakes Private Limited Bikaji Foods International Limited to retain 70% majority stake in Bikaji Bakes Private Limited, subsidiary of Bikaji Foods International Limited. 27 August 2026 | Bikaner, Rajasthan: Bikaji Foods International Limited (Bikaji Foods) (NSE Symbol: BIKAJI; BSE Scrip Code: 543653) today announced a strategic partnership with Mr. Thayekunni Khaleel, a world-renowned technical expert in the bakery industry, through Bikaji Bakes Private Limited (BBPL/ Bikaji Bakes). As part of the partnership, Bikaji Foods has transferred a 30% equity stake in BBPL to Mr. Khaleel, while retaining a 70% majority stake. BBPL will continue to remain a subsidiary of Bikaji Foods. The partnership brings together two highly complementary strengths - Mr. Khaleel’s deep technical expertise and global bakery experience with Bikaji’s strong understanding of the Indian consumer, extensive distribution and sales network, and deep presence across the retail ecosystem. Through this collaboration, BBPL aims to bring world-class bakery practices, technical capabilities and expertise to India, while leveraging Bikaji’s established market infrastructure and consumer reach to build a scalable bakery business with strong long-term potential. Commenting on the partnership, Mr. Deepak Agarwal, Chairman and Managing Director, Bikaji Foods International Limited, said: “Bakery is a category with significant headroom for growth in India, and we believe the next phase of that growth will be driven by a combination of world-class technical capabilities and a deep understanding of the Indian consumer. Our partnership with Mr. Thayekunni Khaleel brings together his exceptional technical expertise and global bakery experience with Bikaji’s strengths in distribution, sales, retail and consumer understanding. We see this as a partnership built for the future. By combining these complementary capabilities, we aim to bring global bakery practices and innovation to India while building a strong, scalable and differentiated bakery business through Bikaji Bakes. We are confident that this collaboration will create meaningful opportunities for the business and strengthen our position in the evolving Indian bakery landscape.” The partnership represents a forward-looking step in strengthening BBPL and enabling it to pursue focused growth, while allowing Bikaji Foods to continue concentrating on its core business and creating greater value across its subsidiary portfolio. About Bikaji Foods International Limited Bikaji Foods International Limited is one of India’s leading ethnic snacks and sweets companies, with a strong portfolio spanning traditional Indian snacks, sweets and related food categories. The Company has built a strong consumer franchise through its heritage, product capabilities, manufacturing expertise and extensive distribution network across India and international markets. 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