Krishival Foods AGM adopts FY26 accounts, approves ₹0.35 dividend
- Krishival Foods adopted audited standalone and consolidated financial statements for FY26 at its 12th AGM held on September 28, 2026
- Shareholders approved a final dividend of ₹0.35 per equity share with a face value of ₹10
- Special resolutions included re-appointing three independent directors for second consecutive terms
- The AGM approved additional loans and corporate guarantees for subsidiary Melt 'N' Mellow Foods Private Limited
*this image is generated using AI for illustrative purposes only.
Krishival Foods Limited held its 12th Annual General Meeting on September 28, 2026, adopting the audited financial statements for the fiscal year ended March 31, 2026, and approving a final dividend of ₹0.35 per equity share.
The meeting was conducted through Video Conferencing and Other Audio Visual Means, without a physical venue, in compliance with SEBI regulations. Sujit Sudhakar Bangar, Chairperson and Whole-Time Director, chaired the proceedings, with all directors and key managerial personnel participating virtually.
Resolutions passed
Shareholders considered both ordinary and special business items. The adoption of standalone and consolidated financial statements for FY26 was approved as an ordinary resolution. The declaration of the final dividend of ₹0.35 per share, based on a face value of ₹10, was also ratified under ordinary business.
Several special resolutions were tabled for shareholder approval, focusing on governance continuity and subsidiary support:
- Appointment of statutory auditors for the company.
- Re-appointment of three Non-Executive Independent Directors for second consecutive terms: Shailesh Kumar Jain, Neeraj Kulbhushan Taandon, and Sunil Kumar Agarwal.
- Approval for an additional loan granted to Melt 'N' Mellow Foods Private Limited, a subsidiary.
- Approval for granting a corporate guarantee to Melt 'N' Mellow Foods Private Limited.
- Approval of related party transactions.
Meeting logistics and voting
The company secretary confirmed that participation via video conferencing counted toward the quorum as per Ministry of Corporate Affairs circulars. Statutory auditors, secretarial auditors, internal auditors, and the scrutinizer were present virtually. E-voting results will be declared upon receipt of the scrutinizer's report and submitted to stock exchanges.
Historical Stock Returns for Krishival Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.06% | -1.35% | +1.82% | +30.57% | -5.10% | +887.70% |
How will the increased financial support and corporate guarantee for Melt 'N' Mellow Foods impact Krishival Foods' consolidated debt profile and leverage ratios in FY27?
What specific growth strategies or capacity expansions is Melt 'N' Mellow Foods planning to execute with the additional loan approved by shareholders?
How does the re-appointment of three independent directors for second consecutive terms influence the board's strategic direction regarding governance and risk management?
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