Board of Bikaji approves conversion of preference shares held in Hanuman Agrofood

7 Dec 2022 , 02:18 PM

The Board of Directors of Bikaji Foods International in its meeting held on 06 December 2022 has authorized officials to take necessary steps for availing the exercise of right of conversion of 28,13,050 Compulsorily Convertible Cumulative Preference Shares into 28,13,050 equity shares held by the Company in its name in Hanuman Agrofood. Further, after the above conversion of 28,13,050 Compulsorily Convertible Cumulative Preference Shares into 28,13,050 equity shares, Hanuman Agrofood will become subsidiary of Bikaji Foods International. Powered by Capital Market – Live News