ICICI Prudential Life Insurance decreased its stake in Bikaji Foods International by selling 102,099 shares, reducing its holding from 1.17% to 1.13%. The shares were valued at ₹6.56 crore at a price of ₹643.45 apiece.
A leading Indian FMCG brand that manufactures and sells a diverse range of packaged snacks and food products across multiple categories. Bikaji Foods produces bhujia, namkeen, packaged sweets, papad, western snacks, and other offerings including gift packs, frozen foods, mathri range, and cookies. The company operates through extensive distribution networks, serving consumers with established snack brands throughout India's packaged foods market.
Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.
