Bikaji Foods International Limited has fixed Friday, July 17, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹1.25 per equity share. The dividend, equivalent to 125% of the face value of ₹1.00 per share, was recommended by the Board of Directors at their meeting held on May 21, 2026, for the financial year ended March 31, 2026. The payout is subject to the approval of shareholders at the upcoming 31st Annual General Meeting (AGM).

The company announced that the 31st AGM will be held on Thursday, August 20, 2026, at 11:30 A.M. IST through Video Conferencing (VC) and Other Audio-Visual Means (OAVM). In compliance with regulatory requirements, the notice for the AGM and the Annual Report for FY26 will be sent electronically to members whose email addresses are registered with the company or depository participants. Members participating through VC/OAVM will be counted for the purpose of determining quorum under Section 103 of the Companies Act, 2013.

The facility of remote e-voting will be available to all members to cast their votes on resolutions set out in the notice. Shareholders holding shares in physical form who have not registered their email addresses are required to submit a duly filled Form ISR-1 to M/s Beetal Financial and Computer Services Private Limited, the Registrar and Share Transfer Agent. The company stated that the final dividend, once approved, will be disbursed electronically within statutory timelines to shareholders with updated bank details.

The company also noted that dividends are taxable in the hands of shareholders under the Income Tax Act, 1961, and tax deducted at source (TDS) will be applicable as per prescribed rates. To avail of exemptions or lower tax rates, shareholders must submit requisite information and documents to the Registrar. Additionally, the company has requested shareholders to update their Know Your Client (KYC) details and bank information to ensure the prompt receipt of dividends.

Bikaji Foods International has subscribed to 2,90,000 shares in its Wholly-Owned Subsidiary, Bikaji Foods International USA Corp, for a total consideration of $2.9 million. The transaction, completed on July 04, 2026, involves shares of Common Stock of $10 each and aims to establish a manufacturing plant in the United States to accelerate business growth and enhance market presence.

Investment Details

The key parameters of the corporate action are outlined below:

Strategic Context and Subsidiary Overview

Bikaji USA, incorporated on July 10, 2023, in New Jersey, operates in the Fast-Moving Consumer Goods (FMCG) industry. The entity is engaged in trading food products, including bhujia, namkeen, sweets, and frozen food items. The additional subscription will bolster the financial base of the subsidiary to support the proposed manufacturing facility.

The subsidiary reported a turnover of $26,20,309 for the period ended March 31, 2026, compared to $17,69,792 in the previous year and $10,96,593 in 2023-24. Bikaji Foods International holds 100% shareholding in Bikaji USA, which remains unchanged following this transaction. The investment is classified as a related party transaction under Regulation 23 of the Listing Regulations and was conducted on an arm’s length basis.