Krishival Foods Announces Board Meeting to Approve Rs 15 Crore Corporate Guarantee for Subsidiary
Krishival Foods Ltd has scheduled a meeting of its Board of Directors to consider granting a significant corporate guarantee in favor of a Financial Institution. The board review is slated for Wednesday, July 8, 2026.The primary agenda item for the meeting involves the approval of providing a corporate guarantee up to Rs 15,00,00,000 (Rupees Fifteen Crore only). This guarantee will be provided in favor of a Financial Institution.
The purpose of this financial commitment is linked to the leasing of deep freezers by Krishival Foods' subsidiary, Melt N Mellow Foods Private Limited. The decision regarding the corporate guarantee provides crucial support for the subsidiary's operational needs related to equipment leasing.
KRISHIVAL Stock Price Movement
Shares of Krishival Foods Limited shed value on Friday, finishing at ₹401.50 after the stock closed down approximately 0.5% from its previous close. The equity accounted for a traded volume of 3,200 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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