Krishival Foods Completes ₹100 Crore Rights Issue for Expansion
Filing Summary
Krishival Foods Limited has successfully completed a Rights Issue, raising ₹100 crore. The issue involved the allotment of 3,333,160 partly paid-up equity shares at ₹300 each, with ₹105 received on application. The funds will support capital expenditure for a new processing unit in Kolhapur, Maharashtra, and working capital needs. The Rights Issue was offered in a 45:301 ratio and closed on January 7, 2026. The company’s paid-up equity share capital now includes these new shares. The partly paid-up shares are listed on BSE and NSE.
Krishival Foods Limited has announced the successful completion of its Rights Issue, raising a total of ₹100 crore. The Rights Issue was approved by the Rights Issue Committee on January 8, 2026, following its closure on January 7, 2026. The issue was open from December 26, 2025, to January 7, 2026, and involved the allotment of 3,333,160 partly paid-up equity shares.
The Rights Issue was conducted at an issue price of ₹300 per equity share, with ₹105 received on application, including a premium of ₹101.50. The remaining amount is payable in one or more subsequent calls, to be completed by January 6, 2027, as determined by the Board or the Rights Issue Committee. The shares were offered in a ratio of 45 Rights Equity Shares for every 301 fully paid-up equity shares held as of the record date, December 17, 2025.
The net proceeds from the Rights Issue will be utilized primarily for capital expenditure related to setting up a processing and packaging unit for nuts in Kolhapur, Maharashtra. Additionally, the funds will support part-funding of working capital requirements and general corporate purposes, as outlined in the Letter of Offer. The company’s paid-up equity share capital now includes the newly allotted partly paid-up equity shares, which are listed and admitted to trading on BSE Limited and National Stock Exchange of India Limited.
The Rights Issue was undertaken to strengthen the company’s capital base and support its long-term growth strategy. The successful completion of the issue reflects the company’s commitment to expanding its operations and enhancing shareholder value. The allotment of shares was finalized based on the basis of allotment approved by the Rights Issue Committee.
The timeline for the Rights Issue included the opening date of December 26, 2025, and the closing date of January 7, 2026. The Rights Issue Committee approved the allotment on January 8, 2026. The company has outlined a clear plan for the utilization of the funds raised, with a focus on strategic expansion and operational efficiency.
Krishival Foods Limited is a fast-growing Indian FMCG company specializing in premium nuts, dried fruits, and ice cream. The company operates under the brands ‘Krishival Nuts’ and ‘Melt N Mellow’, aiming to become a major player in the discretionary consumption sector. The company is focused on expanding its product portfolio and enhancing its market presence.