Krishival Foods has scheduled its 12th Annual General Meeting for September 28, 2026. The meeting will convene via video conferencing to approve ordinary business, including financial statements for FY26, and special business involving significant related-party transactions.

The Board recommends a final dividend of ₹0.35 per equity share of face value ₹10. Shareholders on record as of September 21, 2026 will be eligible for the payout. The register of members will remain closed from September 22 to September 24, 2026.

Key Resolutions

The AGM agenda features several special resolutions requiring shareholder approval:

• Reappointment of M/s. Tammana Parmar & Associates as statutory auditors for a second term ending in 2031.
• Reappointment of three non-executive independent directors: Mr. Shailesh Kumar Jain, Mr. Neeraj Kulbhushan Taandon, and Mr. Sunil Kumar Agarwal.
• Approval for an additional loan of up to ₹35 crore to its subsidiary, Melt 'N' Mellow Foods Private Limited.
• Granting a corporate guarantee of up to ₹35 crore to the same subsidiary.

Related Party Transactions

The company seeks approval for material related-party transactions detailed in Annexure 2. The most significant exposure relates to Melt 'N' Mellow Foods Private Limited. Existing transactions include a loan of ₹80 crore and a guarantee of ₹80 crore, representing 27.33% of the annual consolidated turnover of ₹2,92.67 crore for the preceding year.

The proposed additional ₹35 crore loan carries an interest rate of 12% per annum and is repayable on demand. It may be wholly or partly converted into equity shares in one or more tranches at a future date. The transaction is classified as a related-party arrangement because the company’s promoters or directors hold interests in the subsidiary.

Other disclosed related-party activities include:

• A ₹3 crore loan and investment in wholly-owned subsidiary Siddhivinayak Cashews Industries Private Limited.
• An indirect loan of ₹19 crore extended by Melt 'N' Mellow to Hamma Foods Private Limited.
• Rental agreements with entities linked to directors, including SSBA Innovation Limited and Empyrean Healthcare Private Limited.

Director Profiles

Three independent directors are up for reappointment for five-year terms commencing in August and October 2026:

None of the directors hold shares in Krishival Foods. Their remuneration is listed as nil.

E-Voting and Logistics

The e-voting period begins on Friday, September 25, 2026 at 10:00 am and ends on Sunday, September 27, 2026 at 5:00 pm. Members holding shares as on the cut-off date of Monday, September 21, 2026, may cast their votes electronically. The e-voting module will be disabled by CDSL after the expiry of this period. Once a vote is cast, it cannot be changed subsequently.

Members who have cast their vote by remote e-voting may attend the meeting but shall not be entitled to vote again. Ms. NVB and Associates, Practicing Company Secretaries, have been appointed as Scrutinizer to oversee the e-voting process. The results will be declared on Tuesday, September 29, 2026.

What the Numbers Show

The scale of financial support provided to subsidiaries is substantial relative to the parent company’s revenue. The existing ₹80 crore loan and guarantee to Melt 'N' Mellow alone account for over a quarter of Krishival Foods’ consolidated turnover. The proposed additional ₹35 crore convertible loan further deepens this capital linkage, suggesting a strategy to fund subsidiary growth through internal debt that may later convert to equity, thereby aligning promoter interests with subsidiary valuation without immediate cash outflow from external investors.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0GGO01015/0919c0f0-cd3e-4bea-9f57-cfeeed431eae.pdf

Krishival Foods confirmed a one-on-one physical meeting with FYERS Asset Management on September 3, 2026. The session was conducted at the company’s registered office in Mumbai.

The interaction took place in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Management engaged with the asset manager to discuss business operations and strategy.

Meeting Details

Rahul Gawande, Company Secretary and Compliance Officer, signed the post-intimation letter confirming the schedule. The company explicitly stated that no unpublished price-sensitive information was discussed during the interaction.

The schedule remains subject to change due to exigencies on the part of the company or the investor. Stakeholders are advised to monitor official communications for any updates.