Krishival Foods Ltd Approves First and Final Call for Rights Issue, Sets Record Date

Krishival Foods Ltd Approves First and Final Call for Rights Issue, Sets Record Date

Krishival Foods Ltd Approves First and Final Call for Rights Issue, Sets Record Date​

Krishival Foods Limited has approved the details for the First and Final Call concerning its rights issue. The company confirmed the structure of the call payment, set a specific record date, and defined the payment timeline for the partly paid-up equity shares.

The Rights Issue involved 3,333,160 partly paid-up equity shares of face value ₹10 each, which were issued at an issue price of ₹300 per Rights Equity Share. At the time of application, investors contributed ₹105 per Rights Equity Share, comprising ₹3.50 towards face value and ₹101.50 towards securities premium.

The company's Rights Issue Committee confirmed that the balance amount of ₹195 per partly paid-up Rights Equity Share, aggregating to ₹64,99,66,200, is payable as the First and Final Call Money. The committee approved the making of this payment, specifying the allocation toward face value and securities premium.

The following table details the financial breakdown for all three stages of the share issuance:

ParticularsNo. of Partly Paid-up Rights Equity SharesAmount Adjusted towards Face Value per ShareAmount Adjusted towards Securities Premium per ShareTotal Amount Payable per ShareAggregate amount
On Application3,333,160₹3.50₹101.50₹105.00₹34,99,81,800
First and Final Call3,333,160₹6.50₹188.50₹195.00₹64,99,66,200
Total3,333,160₹10.00₹290.00₹300.00₹99,99,48,000

Key Decisions and Timeline​

The Rights Issue Committee also made several critical decisions regarding the completion of the share issuance:

  • First Call Approval: The company approved the First and Final Call amounting to ₹195 per partly paid-up Rights Equity Share.
  • Record Date: Monday, July 13, 2026 was fixed as the Record Date for determining the holders of the shares who must receive the First and Final Call Notice.
  • Payment Period: The payment period for the First and Final Call Money was set from Tuesday, July 21, 2026, to Tuesday, August 4, 2026.

Details pertaining to the Record Date were also confirmed by the committee:

ParticularsDetails
Scrip Code / Symbol890232 / KRISHPP
ISIN of Partly Paid-up Rights Equity SharesIN90GGO01013
Type of SecurityPartly paid-up equity shares
Record DateMonday, July 13, 2026
PurposeDetermining the holders of partly paid-up Rights Equity Shares for payment of First and Final Call Money.

Trading in the partly paid-up equity shares (ISIN: IN90GGO01013) on stock exchanges will be suspended effective from Monday, July 13, 2026.

KRISHIVAL Stock Price Movement​

Today, Krishival Foods Limited shares edged higher, closing at ₹404.95 after settling up 0.36% on a positive close. Trading activity was steady as the stock traded a total of 2,633 shares during the day.
 

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