Krishival Foods Limited has informed the Exchange regarding voting results of Postal Ballot
KRISHIVAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Krishival Foods Limited has announced the results of its Postal Ballot held between March 15 and April 13, 2026. Shareholders approved two special resolutions: (1) Related Party Transactions, and (2) Additional Loan and Conversion of Previous and New Loans into Equity Shares for its subsidiary, Melt 'N' Mellow Foods Private Limited. Both resolutions passed with overwhelming majority - over 99.99% votes in favour from the public non-institutional shareholders who participated (35.87% of outstanding shares). Promoter votes and related party votes (totalling 87,95,641 shares) were excluded from voting as they had interest in the agenda items.
Shareholders have approved the conversion of loans into equity for the subsidiary, which could result in dilution of shareholding but strengthens the subsidiary's balance sheet. The related party transaction approval enables continued related-party dealings.