Bikaji Foods International Ltd Mourns Passing of Founder, Shri Shiv Ratan Agarwal

Bikaji Foods International Ltd Mourns Passing of Founder, Shri Shiv Ratan Agarwal​

Bikaji Foods International Ltd confirmed the demise of its founder, Shri Shiv Ratan Agarwal, on Thursday, April 23, 2026. Shri Agarwal held the position of Promoter, Chairman, and Whole Time Director at the time of his passing.

Shri Shiv Ratan Agarwal was described as a pivotal figure who built the foundation of the highly recognized ‘Bikaji’ brand. His career was marked by his role in transforming the traditional Bikaneri snacks business into an internationally recognized brand by successfully merging authentic taste with modern business practices. His strategic acumen was noted for significantly bolstering the company's operational sustainability and steering its growth.

The company acknowledged that Shri Shiv Ratan Agarwal's demise represents an irreparable loss to the organization. The Board of Directors, management, and employees conveyed deepest condolences to his family.

Bikaji Foods International Ltd stated that it remains deeply committed to building upon the strong foundation laid by the founder. The company affirmed its pledge to uphold and strengthen the goodwill of the Bikaji brand by carrying forward his vision, principles, and entrepreneurial ethos, striving to sustain its growth trajectory and maintain its position as a profitable and responsible business.

Following the passing, the company noted that Shri Shiv Ratan Agarwal would cease to be a Promoter/Promoter Group of the Company.

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BIKAJI Stock Price Movement​

Shares of Bikaji Foods International Limited are edging higher to ₹693.95 as of 1:11 PM today, rallying 1.32% in the live market. The stock trades within a range of ₹683.15 to ₹708.75, supported by a significant total volume of 202,649 shares.