Big Boost For FMCG Stock: Krishival Foods Raises Nearly Rs 100 Cr From Shareholders Via Rights Issue

One of the rapidly expanding FMCG firms in India, Krishival Foods Limited, which specializes in premium nuts, dried fruits, and ice cream, announced the successful completion of its rights issue after the Rights Issue Committee approved the allotment at its meeting on January 8, 2026.

The Rights Issue had the objective to generate up to Rs 100.00 crore by issuing partly paid-up equity shares to eligible shareholders. It began on December 26, 2025, and ended on January 7, 2026. The Rights Issue Committee has authorized the allotment of 33,33,160 partly paid-up equity shares with a face value of Rs 10 each on a rights basis in accordance with the completion of the basis of allotment.

At an issue price of Rs 300.00 per equity share, the rights issue was offered in a ratio of 45 rights equity shares for every 301 fully paid-up equity shares held as of the record date of December 17, 2025. Each equity share has been paid Rs 105.00 upon application, in addition to a premium of Rs 101.50. The remaining amount shall be received in one or more future calls by January 6, 2027, at the latest, as determined by the Board or the Rights Issue Committee.

Following the allotment, the company's paid-up equity share capital stands as under, pre-rights issue (fully paid-up): 22,295,141 equity shares and post-rights issue partly paid-up: 3,333,160 equity shares (to the extent of application money received, as per the regulatory filing.

"The net proceeds from the Rights Issue will be utilised primarily towards part-funding of capital expenditure for setting up a processing and packaging unit for nuts at Kolhapur, Maharashtra, partfunding working capital requirements and for general corporate purposes, in line with the objects stated in the Letter of Offer," said Krishival Foods in a statement.

"The successful completion of the Rights Issue reinforces shareholder confidence and strengthens Krishival Foods Limited's capital base to support its long-term growth strategy," the company further added.

The partly paid-up equity shares are listed and approved to trading on BSE Limited and NSE.

One of the rapidly expanding FMCG companies in India is Krishival Foods Ltd., which specializes in ice cream and dry fruits and nuts. The firm aims to become a significant force in discretionary spending with a diverse portfolio that includes both brands, "Krishival Nuts" and "Melt N Mellow."