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Krishival Foods Completes Rights Issue of ₹99.99 Crore
Krishival Foods Limited
January 14, 2026, 03:56 PM
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Krishival Foods Limited has announced the successful completion of its Rights Issue, which aimed to raise up to ₹100 crore (9999.48 lakhs).
The Rights Issue, which opened on December 26, 2025, and closed on January 7, 2026, involved the issuance of partly paid-up equity shares to eligible shareholders. The Rights Issue Committee, in a meeting held on January 8, 2026, approved the allotment of 33,33,160 partly paid-up equity shares of face value ₹10 each. The issue price was ₹300 per equity share, with ₹105 received on application, including a premium of ₹101.50. The balance amount is payable in one or more subsequent calls, with a deadline of January 6, 2027.
The net proceeds from the Rights Issue will be utilized for part-funding the capital expenditure for a processing and packaging unit for nuts in Kolhapur, Maharashtra, part-funding working capital requirements, and for general corporate purposes.
This successful completion of the Rights Issue is expected to reinforce shareholder confidence and strengthen Krishival Foods Limited's capital base to support its long-term growth strategy.
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