Krishival Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/03/2026 ,inter alia, to consider and approve 1. Grant a loan by the company ....
KRISHIVAL · price
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Krishival Foods has called a board meeting on March 12, 2026 to consider granting a loan to its subsidiary, Melt 'N' Mellow Foods Private Limited, and subsequently converting that loan into equity shares of the subsidiary. The board will also approve related party transactions tied to these items, along with a postal ballot notice to seek shareholder approval. A cut-off date for e-voting and appointment of a scrutinizer for the postal ballot are also on the agenda. The trading window for designated persons and their immediate relatives is already closed from March 5, 2026 until 48 hours after the board meeting outcome is announced.
This is a capital infusion into the company's subsidiary via a loan-to-equity conversion, pending shareholder approval through postal ballot. While the move signals support for the subsidiary's growth, it does not directly change the standalone financials of Krishival Foods and is unlikely to cause a major stock price reaction unless the size of the loan is material.