Bikaji Foods International Limited — Important, 15-05-2025: Diversification/Disinvestment

Bikaji Foods International has announced a board meeting to approve key corporate actions. It plans to appoint M/s V.M. & Associates and M/s S.K. Joshi & Associates as Joint Secretarial Auditors for five years, subject to shareholder approval. The company will invest up to ₹15 Cr in its wholly-owned subsidiary, Bikaji Foods Retail Limited, which operates cafés, QSRs, and catering, and ₹20 Cr via optionally convertible debentures in Jai Barbareek Dev Snacks Pvt Ltd, a snack contract manufacturer. Bikaji Foods is divesting its entire 51% stake in non-material subsidiary Bikaji Mega Food Park Pvt Ltd. The registrar and share transfer agent will change from MUFG Intime to Beetal Financial and Computer Services to enhance operational efficiency.