Bikaji Foods CMD Shiv Ratan Agarwal Passes Away Due to Heart Attack; Dies in Chennai While Accompanying Wife for Surgery.
Shri Shiv Ratan Agarwal was a guiding force behind the Company since its inception and played a defining role in building the foundation of the ‘Bikaji’ brand. He was instrumental in transforming a traditional Bikaneri snacks business into a globally recognized brand by seamlessly blending authentic taste with modern business practices.
His sharp strategic vision and ability to navigate complex challenges significantly strengthened the Company’s operational resilience and long-term sustainability.
The Company remains deeply committed to building upon the strong foundation laid by him and will continue to uphold and enhance the goodwill of the Bikaji brand by carrying forward his vision, values, and entrepreneurial spirit. Guided by his legacy, the Company will strive to sustain its growth momentum while continuing to operate as a responsible and profitable enterprise.
Market Snapshot (April 23, 2026, 1:01 PM IST):
- Stock Price: ₹694.00 (+₹9.10 / +1.33%)
- Open: ₹684.95
- High: ₹708.75
- Low: ₹683.15
- Market Cap: ₹17,400 Cr
- P/E Ratio: 70.62
- 52-Week High: ₹818.70
- 52-Week Low: ₹592.55
- Dividend Yield: 0.14%
- Quarterly Dividend Amount: ₹0.24.
Shiv Ratan Agarwal, CMD of Bikaji Foods International Ltd, passed away due to a heart attack in Chennai, where he had travelled with his family for his wife’s surgery. His sudden demise marks a significant loss for the company at a time of strong market performance.
