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Baba Food Processing (India) LimitedBoard Meeting, 22-05-2025: Outcome of Board Meeting

22-05-2025 | 03:06 pm

Baba Food Processing (India) Limited has announced a board meeting where it approved the consolidated financial results for the quarter and half-year, backed by a clean audit report. The company confirmed related party transactions and steady use of public issue funds. Key investments include ₹20.30 Cr for a new manufacturing unit in Patna, ₹3.66 Cr for machinery upgrades in Ranchi, and ₹2.50 Cr allocated to working capital. The board also re-appointed M/s Birendra Banka & Associates as Secretarial Auditors for the next five years, signaling continued focus on governance and expansion.

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