FMCG Stock Postpones Rs 100 Crore Rights Issue; EGM Scheduled For November 21

The FMCG company Krishival Foods Limited has announced the outcome of its board meeting held on October 28, 2025. The Board decided to defer its proposed Rights Issue of partly paid-up equity shares for an amount not exceeding Rs 100 Cr, citing certain technical issues that are expected to be resolved within a month. The company also approved the Notice of the Extra-Ordinary General Meeting (EGM), scheduled to be held on November 21, 2025.

The Board of Directors of Krishival Foods had approved the issuance of partially paid-up equity shares of the company with a face value of Rs 10 each for a maximum of Rs 100 Cr through a rights issue to the company's eligible equity shareholders during its meeting on October 27, 2025.

Krishival Foods stated in a stock exchange filing recently that the Board of Directors or the Rights Issue Committee will, among other things, determine the terms and conditions of the rights issue, including but not limited to the determination of the issue price, rights entitlement ratio, record date, timing of the Rights Issue, terms of payment, and other related matters.

Krishival Foods Limited has submitted the official transcript of its Q2 FY26 earnings call, held on November 17, 2025, to the stock exchanges in compliance with SEBI's Listing Regulations.

Under the brand name "Krishival Cashews," the firm operates in more than 26 tier-II and tier-III Indian locations, including Gorakhpur (Uttar Pradesh), Mysuru (Karnataka), Jodhpur (Rajasthan), and Patna (Bihar). Benin, Indonesia, Guinea-Bissau, and the Konkan region of India are among the African and Asian nations from which the corporation procures most of its raw cashew nuts. Village Halkarni and Village Shinoli in the Kolhapur region of Maharashtra are home to its processing and packaging facilities.