Krishival Foods Announces First and Final Call of ₹195 Per Share on Partly Paid-Up Rights Equity Shares

Krishival Foods Announces First and Final Call of ₹195 Per Share on Partly Paid-Up Rights Equity Shares

Krishival Foods Announces First and Final Call of ₹195 Per Share on Partly Paid-Up Rights Equity Shares​

Krishival Foods Limited has announced the details for the First and Final Call concerning its partly paid-up Rights Equity Shares, which were originally issued following a rights offer. The payment obligation is set at ₹195 per share, comprising ₹6.50 towards the face value and ₹188.50 towards securities premium.

The notice determines the liability for shareholders based on the Record Date of July 13, 2026. Krishival Foods Limited has issued a First and Final Call Notice to all eligible holders of the partly paid-up equity shares.

Key Details of the First and Final Call​

As per the company's records, there are 33,33,160 outstanding partly paid-up Rights Equity Shares on which the call is being made. The key financial and timeline details are summarized below:

MetricDetail
Record Date for Call DeterminationMonday, July 13, 2026
Total Outstanding Partly Paid-Up Shares33,33,160 shares (Face value ₹10)
Amount Due Per Share₹195.00 (₹6.50 face value / ₹188.50 premium)
Total Aggregate Amount Payable₹64,99,66,200/-

Payment Period and Process​

The First and Final Call payment period has been set for 15 days, starting on Tuesday, July 21, 2026, and concluding on Tuesday, August 4, 2026.

Trading in the partly paid-up Rights Equity Shares (ISIN: IN90GGO01013) has been suspended on the Stock Exchanges with effect from July 13, 2026, due to the First and Final Call requirement.

Eligible Shareholders have multiple modes of payment available for the call:

Mode of PaymentDescription
Online ASBAThrough the website of Self-Certified Syndicate Banks (SCSBs).
Physical ASBABy submitting a physical application to the Designated Branch of SCSBs.
3-in-1 Online AccountUsing linked online trading-demat-bank accounts offered by brokers.

Consequences of Non-Compliance​

The notice specifies several consequences regarding payment and failure to meet the deadline.

Shareholders who fail to pay the First and Final Call during the specified payment period face the following:
  • Interest @ 10% per annum on delay, payable from August 4, 2026, until the actual date of payment.
  • Forfeiture of the partly paid-up Rights Equity Shares, including the amount already paid thereon at the time of application, in accordance with relevant company and statutory provisions.

It is also noted that no cash or part payment will be accepted. Any partial payment made by a shareholder may result in the proportionate conversion of some shares into fully paid-up equity shares, while the remaining unpaid portion remains liable to forfeiture.

Upon successful completion of the First and Final Call, shareholders who pay the full amount will be allotted or credited fully paid-up equity shares of face value ₹10.00 each under ISIN (INE0GGO01015), following necessary regulatory formalities.

KRISHIVAL Stock Price Movement​

On Tuesday, shares of Krishival Foods Limited edged higher to close at ₹402.40, gaining 0.73% on a closing price that settled up by ₹2.90. The stock traded in a narrow session between a low of ₹401.85 and a high of ₹402.70, with a total volume of 2,987 shares exchanged.
 

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