Krishival Foods Limited recently announced the outcome of its board meeting held on October 28, 2025. The key takeaway was the deferral of its planned rights issue of partly paid-up equity shares amounting to ₹100 crores due to technical issues, expected to be resolved within a month. Additionally, the board approved an increase in the authorized share capital from ₹24.50 crores to ₹30 crores, raising the number of equity shares from 2.45 crores to 3 crores. This amendment in the Memorandum of Association is subject to shareholder approval at an Extraordinary General Meeting scheduled for November 21, 2025.

Krishival Foods Limited is an FMCG company specialized in producing premium dry fruits, nuts, and ice cream marketed domestically and internationally. The company operates under two main brands: ‘Krishival Nuts,’ known for high-quality dry fruits, and ‘Melt N Mellow,’ its ice cream segment. It focuses on expanding discretionary consumption with strong growth ambitions supported by supply chain efficiency and product innovation.

The board meeting notice did not announce the latest quarterly financial results, but based on the recent quarter ended June 2025 data, revenue declined 32.89% QoQ to ₹49.52 crores, whereas it grew significantly 69.59% YoY from ₹29.20 crores in June 2024. Profit before tax decreased 14.80% QoQ to ₹6.39 crores but showed a 33.96% YoY growth compared to the same quarter last year.

The deferral of the rights issue and increase in authorized share capital reflects Krishival Foods’ strategy to strengthen its financial structure and raise growth capital strategically.