Bikaji Foods International Limited (BIKAJI) announced the outcome of its Board Meeting held on May 15, 2025.
Key decisions and highlights:
- Approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2025.
- Standalone Total Income for FY 2024-25 was ₹ 2,56,656.77 lakh, compared to ₹ 2,32,108.23 lakh in FY 2023-24.
- Standalone Profit for the year ended March 31, 2025, was ₹ 21,242.39 lakh, compared to ₹ 26,972.72 lakh in the previous year.
- Standalone Total Income for the quarter ended March 31, 2025, was ₹ 59,359.61 lakh, with Profit for the period at ₹ 4,900.68 lakh.
- Recommended a Final Dividend of ₹ 1.00 per equity share (100%) for the financial year ended March 31, 2025, subject to shareholder approval at the upcoming AGM.
- Fixed Friday, August 29, 2025, as the record date for the final dividend.
- Approved further investment up to ₹ 15 crore in Bikaji Foods Retail Limited, a Wholly Owned Subsidiary.
- Approved investment up to ₹ 20 crore in Jai Barbareek Dev Snacks Private Limited in the form of 2 crore Optionally Convertible Debentures.
- Approved the divestment of the entire 51% equity stake in Bikaji Mega Food Park Private Limited, which will cease to be a subsidiary.
- Approved the change in Registrar and Share Transfer Agent (RTA) from M/s MUFG Intime India Private Limited to M/s Beetal Financial and Computer Services Private Limited.
- Approved the notice for convening the 30th AGM on Tuesday, September 16, 2025, via Video Conferencing/Other Audio-Visual Means.
- Recommended the re-appointment of Mr. Sachin Kumar Bhartiya as Non-Executive and Non-Independent Director.
- Recommended the appointment of M/s V.M. & Associates and M/s S.K. Joshi & Associates as Joint Secretarial Auditors for a term of 5 years.
- The Trading Window for dealing in company securities will open from Sunday, May 18, 2025.