Investment21 May 2026, 08:31 pm
Bikaji Foods to Invest ₹5 Cr in Bikaji Bakes
AI Summary
Bikaji Foods International Ltd has approved an investment of up to ₹5 crore in its wholly-owned subsidiary, Bikaji Bakes Private Limited, through the subscription of 50,00,000 Optionally Convertible Debentures (OCDs). This decision was made during the Board of Directors meeting held on May 21, 2026, where several other key resolutions were passed, including director re-appointments, designation of senior management personnel, and investments in other subsidiaries and associates.
Key Highlights
- Bikaji Foods will invest up to ₹5 Cr in Bikaji Bakes via OCDs.
- Board re-appointed several directors, subject to shareholder approval.
- Company designated three new Senior Management Personnel.
- Investment approved for Bikaji Foods International USA Corp up to $5,000,000.
- Approved investment in Jai Barbareek Dev Snacks Private Limited.
Price Impact
More from BIKAJI