Re-appointment of following Directors, subject to approval of the shareholders in ensuing AGM : 1. Deepak Agarwal, Chairperson and Managing Director 2. Shweta Agarwal, Whole-Time Director 3. ....
BIKAJI · price
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Bikaji Foods International's Board meeting on May 21, 2026 approved re-appointment of 6 directors including Deepak Agarwal (Chairman and Managing Director) and Shweta Agarwal (Whole-Time Director) for 3-year terms from February 2027, and 4 Independent Directors for 5-year terms. The company also designated 3 senior management personnel (Sameer Bhadauria, Amrit Chaudhary, Simran Dhingra). Key business decisions include additional investment of up to $50 lakh in US subsidiary for setting up a manufacturing plant, acquisition of 74% stake in Jai Barbareek Dev Snacks Private Limited for ₹1.48 lakh (turnover ₹19.81 crore), investment of ₹5 crore in Bikaji Bakes Private Limited via optionally convertible debentures, and a ₹5 crore loan to Dadiji Snacks Private Limited (contract manufacturing unit). Corporate guarantees of ₹59 crore for JBDSPL and ₹5 crore for Bhujialalji Private Limited were also approved.
Board continuity maintained with promoter family leadership for 3 more years. Strategic expansion into US manufacturing and bakery products, plus regional market acquisition in Chhattisgarh. Contingent liabilities increase by ₹64 crore from corporate guarantees.