Krishival Foods Limited has formally notified stock exchanges about an upcoming Board of Directors meeting scheduled for May 4, 2026, in compliance with Regulation 29 of the Listing Regulations. The meeting will address several critical matters related to the company's performance for the financial year ended March 31, 2026.

Key Agenda Items

The board meeting will cover six primary agenda items, with financial results approval being the central focus. The directors will review and approve both standalone and consolidated audited financial results for the quarter and year ended March 31, 2026.

Regulatory Compliance and Trading Window

The company has maintained strict adherence to regulatory requirements by informing both NSE and BSE about the board meeting. As part of compliance measures, the trading window for designated persons and their immediate relatives remains closed from April 01, 2026, and will continue until 48 hours after the declaration of audited financial results.

Employee Stock Option Plan

A significant item on the agenda involves the Nomination and Remuneration Committee's consideration of employee stock option grants. The committee will evaluate and approve option grants to employees of Krishival Foods Limited and its subsidiary companies under the Employee Stock Options Plan 2023.

Post-Meeting Disclosure

Following the board meeting conclusion, the company will promptly intimate the stock exchanges about the standalone and consolidated audited financial results, ensuring compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This timely disclosure will provide stakeholders with comprehensive insights into the company's financial performance for the concluded financial year.

Krishival foods Limited has achieved a significant milestone by deploying over 15,000 deep freezers across its retail network for its ice cream brand 'Melt N Mellow', marking a substantial strengthening of its cold chain infrastructure and last-mile distribution capabilities. The announcement was made through a press release disclosed under Regulation 30 on April 20, 2026.

Deep Freezer Network Expansion

The company's cold chain infrastructure has witnessed remarkable growth during the year, with the deep freezer network expanding significantly from the beginning of the year to March 31, 2026.

This expansion reflects a sharp scale-up in cold chain infrastructure, positioning the company to better serve temperature-sensitive products across its distribution network.

Strategic Distribution Footprint

The expanded freezer network supports Krishival Foods' broader distribution strategy, which encompasses a substantial retail presence across multiple states. The company's distribution footprint spans 30,000 plus retail touchpoints, supported by a strong network of distributors across Maharashtra, Karnataka, Goa, Telangana and Andhra Pradesh.

The milestone marks a critical step in the company's strategy to scale its ice cream business under the Melt 'n Mellow brand and enhance product availability across urban as well as Tier II and Tier III markets. The expanded freezer network is expected to support improved product visibility, consistent quality, and increased retail throughput.

Manufacturing Capabilities

Krishival Foods operates a state-of-the-art manufacturing facility with substantial production capacity to support its growing ice cream segment:

Leadership Perspective

The company's leadership emphasized the strategic importance of this infrastructure expansion. Sujit Bangar, Chairman of Krishival Foods Limited, stated that the focus remains on strengthening last-mile connectivity and ensuring superior product availability, particularly for the ice cream portfolio. The expansion not only enhances retail presence but also positions the company to capture growing demand in India's frozen food segment.

Abhishek Puranik, CEO of Melt N Mellow Ice Cream, highlighted that crossing 15,000 deep freezers represents a significant milestone in building a robust and scalable distribution ecosystem for the ice cream brand.

Future Growth Strategy

Looking ahead, Krishival Foods plans to continue expanding its cold chain footprint in line with its broader growth strategy. The company aims to achieve deeper penetration in key markets such as Maharashtra, Karnataka, Goa, Telangana and Andhra Pradesh, while scaling its presence across Tier II and Tier III cities.

The company's ice cream business continues to benefit from favorable industry trends, including rising disposable incomes, increasing urbanization, and growing demand for premium and indulgent food products. The expansion of cold chain infrastructure and modern retail channels is further accelerating category growth in the frozen food segment.