Krishival Foods: Right Issue Funds Utilization Update

Krishival Foods Ltd (formerly Empyrean Cashews Limited) reports on the utilization of funds raised from its rights issue for the year ended March 31, 2026. The company raised ₹3499.29 Lakhs. Funds were allocated towards part-funding of capital expenditure for a processing and packaging unit (₹2500.00 Lakhs allocated, ₹576.20 Lakhs utilized) and working capital requirements (₹5000.00 Lakhs allocated, ₹992.25 Lakhs utilized). There were no deviations or variations in the use of funds, and comments from the audit committee and auditors were not applicable.