Krishival Foods Limited has informed the Exchange regarding Notice of Postal Ballot
KRISHIVAL · price
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Krishival Foods Limited has issued a Postal Ballot notice seeking shareholder approval to migrate its equity shares from the NSE Emerge (SME platform) to the Main Board of NSE. The company has been listed on NSE Emerge since March 31, 2022, and its paid-up capital stands at Rs. 22.29 crore comprising 2.22 crore equity shares of Rs. 10 each. Voting will be conducted electronically from May 08, 2025 to June 06, 2025, with the cut-off date set as May 02, 2025. Results are expected to be declared on or before June 10, 2025. The Board cites business expansion, brand building, and wider investor participation as reasons for the proposed migration.
If approved, the stock would move from the SME segment to NSE's Main Board, which typically brings higher visibility, better liquidity, and broader investor participation. This is generally seen as a positive development for shareholders, though short-term price movement depends on market sentiment.