
Krishival Foods Board Approves Dividend Record Date, Loan to Subsidiary
Krishival Foods Ltd's Board of Directors met on September 2, 2026, approving several key decisions. These include taking land on long-term lease, approving annual reports, setting September 21, 2026, as the record date for dividend, and providing a corporate guarantee of up to ₹35 Crore for its subsidiary, Melt ‘N’ Mellow Foods Private Limited. The board also decided not to proceed with the acquisition of additional equity in the subsidiary but approved a ₹25 crore loan towards its ice cream division for cold chain strengthening and an additional ₹10 crore for future working capital. Additionally, the re-appointment of Mr. Sunil Kumar Agarwal as Non-Executive Independent Director for a second term was approved, subject to member approval. The 12th Annual General Meeting is scheduled for September 28, 2026.
Key Highlights
- Board approved dividend record date as September 21, 2026.
- Approved corporate guarantee up to ₹35 Cr for subsidiary Melt ‘N’ Mellow Foods.
- Approved ₹25 Cr loan to subsidiary for ice cream division cold chain.
- Approved re-appointment of Mr. Sunil Kumar Agarwal as Independent Director.
- AGM scheduled for September 28, 2026; Register of Members to close Sept 22-24.
Price Impact
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