Bikaji Foods Board Reappoints Directors, Approves $50M Investments

Bikaji Foods board recommends reappointment of six directors including Chairman Deepak Agarwal for new terms.
Approves $50 lakh investment in US subsidiary and ₹5 crore investment in bakery subsidiary via convertible debentures.
Acquires 74% stake in Jai Barbareek Dev Snacks for ₹1.48 lakh and approves ₹64 crore in corporate guarantees.
Designates three new senior management personnel and approves ₹5 crore loan to contract manufacturing unit.