Bikaji Foods 31st AGM Notice and Director Reappointments
AGM / EGM
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
23rd Jul 2026
AGM Details
- Meeting Date: Thursday, August 20, 2026
- Time: 11:30 A.M. IST
- Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
- Cut-Off Date for voting eligibility: Thursday, August 13, 2026
- Remote e-voting period: Monday, August 17, 2026 (10:00 A.M. IST) to Wednesday, August 19, 2026 (05:00 P.M. IST)
- E-voting website: https://www.evotingindia.com/
Ordinary Business Items
1. Adoption of Financial Statements
- To receive, consider and adopt Audited Standalone Financial Statements for FY 2025-26 with reports of Board of Directors and Statutory Auditors
- To receive, consider and adopt Audited Consolidated Financial Statements for FY 2025-26 with report of Statutory Auditors
2. Dividend Declaration
- Final Dividend: ₹1.25 per equity share (125% of face value of ₹1 each) for financial year ended March 31, 2026
- Record Date: Friday, July 17, 2026
- Payment Date: On or before Friday, September 18, 2026
- Tax Implications: Dividend income taxable in hands of members with TDS deduction at applicable rates
- Payment Mode: Electronic transfer to bank accounts through NECS
3. Director Reappointment (Ordinary Resolution)
- Reappointment of Mr. Deepak Agarwal (DIN: 00192890) who retires by rotation
- Current designation: Chairman and Managing Director
Special Business Items
4. Reappointment of Mr. Deepak Agarwal as Chairman & Managing Director
- Term: 3 consecutive years from February 01, 2027 to January 31, 2030
- Remuneration: Fixed salary of ₹12,00,00,000 per annum with merit-based annual increment (ceiling of 30% per year)
- Performance bonus: Up to 50% of fixed salary based on performance parameters
- Perquisites: As per company policy including leave encashment and gratuity
- Current remuneration: ₹7,90,56,000 for FY 2025-26
- Shareholding: 3,58,55,880 equity shares (14.30%) directly and 17,460 shares through Deepak Agarwal HUF
- Experience: 24+ years in food industry, specialized in ethnic snacks and sweets
5. Reappointment of Mrs. Shweta Agarwal as Whole-Time Director
- Term: 3 consecutive years from February 01, 2027 to January 31, 2030
- Remuneration: Fixed salary of ₹9,00,00,000 per annum with merit-based annual increment (ceiling of 30% per year)
- Performance bonus: Up to 50% of fixed salary based on performance parameters
- Perquisites: As per company policy including leave encashment and gratuity
- Current remuneration: ₹2,63,52,000 for FY 2025-26
- Shareholding: None
- Experience: 19+ years in food industry, specialized in ethnic snacks and sweets
6. Reappointment of Mr. Nikhil Kishorchandra Vora as Independent Director
- Term: Second term of 5 years from December 08, 2026 to December 07, 2031
- Remuneration: Sitting fees and commission within overall limits of 1% of net profits
- Current remuneration: Sitting fees of ₹5,40,000 for FY 2025-26
- Qualifications: Bachelor of Commerce, ICWA
- Experience: 30+ years in financial markets and consumer domain
7. Reappointment of Mr. Pulkit Anilkumar Bachhawat as Independent Director
- Term: Second term of 5 years from December 08, 2026 to December 07, 2031
- Remuneration: Sitting fees and commission within overall limits of 1% of net profits
- Current remuneration: Sitting fees of ₹7,65,000 for FY 2025-26
- Qualifications: Chartered Accountant, CFA
- Experience: 10+ years in finance and investment
8. Reappointment of Mrs. Richa Manoj Goyal as Independent Director
- Term: Second term of 5 years from December 08, 2026 to December 07, 2031
- Remuneration: Sitting fees and commission within overall limits of 1% of net profits
- Current remuneration: Sitting fees of ₹10,20,000 for FY 2025-26
- Qualifications: Company Secretary, Law degree
- Experience: 23+ years in corporate and intellectual property laws
9. Reappointment of Mr. Siraj Azmat Chaudhry as Independent Director
- Term: Second term of 5 years from August 24, 2026 to August 23, 2031
- Remuneration: Sitting fees and commission within overall limits of 1% of net profits
- Current remuneration: Sitting fees of ₹10,20,000 + commission of ₹14,80,000 for FY 2025-26
- Qualifications: MBA in International Business
- Experience: 27+ years in agriculture and food processing industries
Financial Performance Context
- Company turnover increased from ₹2,541 Crore for FY 2024-25 to ₹2,817 Crore for FY 2025-26
- Growth attributed to leadership of key managerial personnel
Voting Arrangements
- Scrutinizer: CS Manoj Maheshwari (Membership No.- F3355, CP No.- 1971)
- Alternate Scrutinizer: CS Priyanka Agarwal (Membership No.- F11138, CP No.- 15021)
- Results to be announced within 2 working days of AGM conclusion
- Results will be submitted to BSE and NSE and displayed on company website
Dividend Payment Process
- Unclaimed dividends for 7 years will be transferred to Investor Education and Protection Fund (IEPF)
- Corresponding equity shares also transfer to IEPF after 7 years of unclaimed dividends
- Members must update PAN and bank details with Depository Participants/Registrar
Document Availability
- Notice and Annual Report available on company website: www.bikaji.com
- Also available on BSE website (www.bseindia.com) and NSE website (www.nseindia.com)
- Physical copies available on request for members not registered for electronic communication
Key Dates Summary
- Record Date for Dividend: July 17, 2026
- Cut-Off Date for AGM Voting: August 13, 2026
- Remote e-voting: August 17-19, 2026
- AGM Date: August 20, 2026
- Dividend Payment Date: By September 18, 2026