Krishival Foods Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on Jun 26, 2025
KRISHIVAL · price
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Krishival Foods has called an Extraordinary General Meeting on June 26, 2025, to seek shareholder approval for related party transactions (RPTs) worth up to Rs. 92.20 crore for FY 2025-26. The RPTs cover sales, loans, investments, rent, and professional fees involving subsidiaries (Siddhivinayak Cashews Industries, Melt 'N' Mellow Foods) and group entities with common directors (SSBA Innovation, Empyrean Healthcare, SSBA Technologies, Hamma Foods, BVK Foods). Key items include Rs. 25 crore unsecured loan to Melt 'N' Mellow Foods at 12% p.a. repayable on demand, and indirect investments of Rs. 22 crore in Hamma Foods and Rs. 7 crore in BVK Foods through subsidiaries. Annual consolidated turnover stands at Rs. 202.23 crore. E-voting runs from June 23 to June 25, 2025, with cut-off date of June 19, 2025. Related parties are barred from voting on the resolution.
This is a governance/regulatory filing seeking shareholder approval for continuing group-level transactions. No new capital raise or business expansion is announced. Shareholders should review the RPT details as loans and investments to related entities involve inter-corporate flows, though the company states these are at arm's length pricing. Minimal direct stock price impact expected unless shareholders raise concerns.