Krishival Foods shareholders approve ₹0.35 dividend for FY26
- Shareholders approved a final dividend of ₹0.35 per share for FY26
- Voting results confirm unanimous adoption of FY26 financial statements
- Re-appointment of three independent directors secured 100% votes in favour
- Subsidiary-related loans and guarantees approved with promoter voting excluded
*this image is generated using AI for illustrative purposes only.
Krishival Foods Limited shareholders approved the final dividend of ₹0.35 per equity share for FY26, as confirmed by the scrutinizer’s report submitted on September 29, 2026.
The report, filed by NVB & Associates, verified that all resolutions passed during the 12th Annual General Meeting held on September 28, 2026, received the requisite majority. The meeting was conducted via Video Conferencing and Other Audio Visual Means, in compliance with SEBI regulations.
Voting results on financials and dividend
Shareholders unanimously adopted the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. The resolution to declare the final dividend of ₹0.35 per share (face value ₹10) was also ratified.
| Resolution | Votes For | Votes Against | Result |
|---|---|---|---|
| Adoption of FY26 Financial Statements | 44 | 0 | Passed |
| Declaration of Final Dividend (₹0.35) | 43 | 1 | Passed |
The dividend resolution saw a single vote cast against it, representing 0.0020% of valid votes cast, while all other items received unanimous support from participating shareholders.
Governance and subsidiary approvals
Special resolutions regarding governance continuity and subsidiary support were also approved. Three Non-Executive Independent Directors were re-appointed for second consecutive terms: Shailesh Kumar Jain, Neeraj Kulbhushan Taandon, and Sunil Kumar Agarwal. Each re-appointment secured 100% of the votes cast in favour.
Additionally, shareholders approved:
- Appointment of statutory auditors.
- Additional loan granted to Melt 'N' Mellow Foods Private Limited, a subsidiary.
- Granting of a corporate guarantee to Melt 'N' Mellow Foods Private Limited.
- Related party transactions.
Scrutinizer process details
The e-voting period remained open from September 25, 2026, at 10:00 am until September 27, 2026, at 5:00 pm. Members as of the cut-off date, September 21, 2026, were entitled to vote. The scrutinizer noted that for resolutions pertaining to loans, guarantees, and related party transactions involving the subsidiary, promoter voting was excluded as per regulatory norms. Consequently, these items recorded 41 votes in favour out of the non-promoter shareholder base, with zero votes against.
Historical Stock Returns for Krishival Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.07% | -1.71% | -10.87% | +15.05% | -18.45% | +792.55% |
How will the increased financial support and corporate guarantee for Melt 'N' Mellow Foods Private Limited impact Krishival Foods' consolidated debt profile in the coming quarters?
What strategic initiatives are planned for Melt 'N' Mellow Foods to justify the additional loan and guarantee, and when might this subsidiary contribute meaningfully to group revenues?
Given the minimal dissent on the dividend resolution, are there underlying concerns among minority shareholders regarding the company's capital allocation strategy versus reinvestment needs?
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