Bikaji Foods secures 55% stake in Ariba Foods, eyes growth in frozen food sector

Bikaji Foods secures 55% stake in Ariba Foods, eyes growth in frozen food sector

Bikaji Foods International Ltd. has taken a major step in enhancing its presence in the frozen food sector by acquiring a 55% equity stake in Ariba Foods Private Limited. This acquisition, valued at ₹60.49 crores, makes Ariba Foods a subsidiary of Bikaji, further solidifying its position in the rapidly growing frozen snacks and sweets market, […]