Krishival Foods Limited closes rights issue to raise up to Rs 100 crore for capex and working capital

Krishival Foods Limited has reported the successful closure of its rights issue, aimed at raising up to Rs 100.00 crore. The Rights Issue Committee approved the share allotment on January 8, 2026, following completion of the subscription window.

The offer, targeted at existing shareholders, involved partly paid-up equity shares issued on a rights basis. The subscription period opened on December 26, 2025, and closed on January 7, 2026, after which the basis of allotment was finalised and approved.

Under the Krishival Foods rights issue, shareholders received rights equity shares in a fixed ratio. The entitlement stood at 45 rights equity shares for every 301 fully paid-up equity shares held on the record date of December 17, 2025.

The company issued 33,33,160 partly paid-up equity shares through the rights issue. Each share carried a face value of Rs 10 and an issue price of Rs 300.00 per equity share, combining nominal value and share premium.

Application money per rights share totalled Rs 105.00, including a premium component of Rs 101.50. The unpaid balance will be collected through one or more calls, to be completed by January 6, 2027, as decided by the Board or Rights Issue Committee.

Following this transaction, Krishival Foods Limited reported updated capital details in its regulatory filing. Fully paid-up equity share capital before the rights issue stood at 22,295,141 equity shares. Post issue, 3,333,160 rights shares are recorded as partly paid to the extent of application money received.

The partly paid-up equity shares from the Krishival Foods rights issue are listed on both BSE Limited and NSE. Trading approval has been granted, enabling shareholders to deal in these instruments while future call payments remain pending.

The key numerical terms of the offer are summarised below.

Parameter	Details
Issue size (maximum)	Rs 100.00 crore
Issue price per share	Rs 300.00
Face value per share	Rs 10
Rights entitlement ratio	45 for every 301 shares
Record date	December 17, 2025
Issue period	December 26, 2025 to January 7, 2026
Number of partly paid shares allotted	33,33,160
Last date for call completion	January 6, 2027

Krishival Foods Limited has outlined clear plans for the utilisation of funds. "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 company also commented on the broader impact of the transaction. "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.

Krishival Foods Limited operates in the FMCG space with a focus on premium nuts, dried fruits, and ice cream. The portfolio includes the brands "Krishival Nuts" and "Melt N Mellow," through which the firm aims to build scale in discretionary consumption categories.

With the Krishival Foods rights issue completed, the company has added fresh equity while keeping part payments scheduled over time. This structure supports upcoming capital expenditure, working capital, and general corporate needs, while aligning with the growth plans highlighted in the Letter of Offer.