Bikaji Foods Shares Slip Nearly 2% After ED Summons to MD

Mumbai, September 9, 2025 – Bikaji Foods International Ltd (NSE: BIKAJI, BSE: 543653) saw its stock decline by 1.58% to ₹773.65 as of 14:53 IST on Tuesday. This dip follows a disclosure that the company’s Managing Director has been summoned by the Directorate of Enforcement (ED) under the Prevention of Money Laundering Act (PMLA).

Regulatory Disclosure

In a filing, Bikaji Foods confirmed receiving a summon from the Jaipur Zonal Office of the ED, requiring its Managing Director to appear in person on behalf of the company. The notice was received at its corporate office on September 9, 2025.

The company clarified that no violation or contravention has been alleged, and it is at a preliminary inquiry stage. Bikaji also stated that there is no financial impact at present and assured full cooperation with the authorities.

Key Disclosure Highlights (as per filing)

As per the company’s latest filing, the Directorate of Enforcement, Jaipur Zonal Office has issued a summon to the Managing Director for appearance. The notice was received on September 9, 2025. The company clarified that the summon does not mention any specific alleged violation at this stage. It further added that the financial and operational impact, if any, cannot be quantified at present.

Bikaji Foods International Share Price Update

Bikaji Foods International shares are trading at ₹771. This is a 1.85% dip on September 9, 2025, at 2:50 PM IST. Bikaji Foods International shares have gained 6.66% in the last month, 19.8% in the year-to-date, and are down 7.77% in the previous year.

Bikaji Foods International Ltd opened the day at ₹791.00. The stock traded between an intraday high of ₹793.45 and a low of ₹757.60. The company commands a market capitalisation of about ₹19,300 crore. Over the past year, the stock has moved within a wide range, touching a 52-week high of ₹1,007.95 and a 52-week low of ₹558.80. At current levels, the stock trades at a price-to-earnings ratio of 95.63. On the returns side, the company offers a modest dividend yield of 0.13%, with the latest quarterly dividend payout at ₹0.25 per share.

Company Overview

Bikaji Foods International is a leading Indian FMCG brand specialising in traditional snacks. The company is headquartered in Bikaner (Raj.) and engages in the production of Indian snacks, including bhujia, namkeen, sweets, papad, western snacks, and gift packs. Besides India, the company exports its products to 25 countries across North America, Europe, Asia-Pacific, the Middle East, and Africa.

REF: https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_09092025134845_66.pdf

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