Finance
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Potter HeadBikaji Foods Conjures Final Stake of Petunt Food Processors
In a dazzling display of wizardry, Bikaji Foods has conjured the final 48.78% stake of Petunt Food Processors for a spellbinding Rs 8 crore! Now, this enchanted realm of sweets and namkeen is fully under Bikaji's magical control, solidifying its power in the southern lands of India, where flavors dance like Quidditch players in the sky!
few days ago | MM Desk
Quick rundown
1.Bikaji Foods now fully owns Petunt Food Processors.
2.The acquisition deal was worth Rs 8 crore.
3.Petunt Food Processors operates in the FMCG sector.
4.The company reported a turnover increase in FY25.
5.No regulatory approvals were needed for the acquisition.
