Krishival Foods Limited successfully concluded its postal ballot process on April 14, 2026, with shareholders demonstrating strong support for key corporate proposals. The company announced that both resolutions presented to shareholders were approved with the requisite majority through electronic voting, as confirmed by the official scrutinizer report from MNB & Co. LLP.

Official Communication and Regulatory Compliance

The company formally communicated the postal ballot outcome to both National Stock Exchange of India Limited (Symbol: KRISHIVAL) and BSE Limited (Scrip Code: 544416) on April 14, 2026. The communication was signed by Managing Director Aparna Sujit Bangar (DIN: 05332039) and submitted in compliance with Section 110 of the Companies Act, 2013 and Regulation 44 of the SEBI Listing Regulations.

Postal Ballot Process and Documentation

The postal ballot was conducted in accordance with Section 110 of the Companies Act, 2013, and Rule 22 of the Companies (Management and Administration) Rules, 2014. Krishival Foods utilized the e-voting facility provided by Central Depository Services (India) Limited for the voting process. MNB & Co. LLP, Practicing Company Secretaries, served as the appointed scrutinizer and submitted Form No. MGT-13 as the official scrutinizer report.

The postal ballot notice was dispatched electronically to all shareholders whose names appeared in the Register of Members and Register of Beneficial Owners maintained by NSDL and CDSL as on the cut-off date. The company maintained 2,22,95,141 total shares as on the cut-off date.

Resolution 1: Related Party Transactions Approval

The first resolution sought approval for related party transactions and was categorized as a special resolution. According to the scrutinizer report, the voting results demonstrated overwhelming support from eligible shareholders.

The scrutinizer report noted that votes cast by promoters holding 82,96,641 shares and related parties holding 4,99,000 shares were not considered due to their interest in the agenda items.

Resolution 2: Loan Conversion and Additional Financing

The second resolution addressed approval for additional loan and conversion of previous and new loans into equity shares granted to Melt 'N' Mellow Foods Private Limited, the company's subsidiary.

Similar to the first resolution, promoter and related party votes totaling 87,95,641 shares were excluded from consideration due to their interest in the proposed transactions.

Scrutinizer Validation and Compliance Framework

CS Maithili Nandedkar, Partner at MNB & Co. LLP (FCS: 8242, C P No. 9307), confirmed in the official scrutinizer report that the e-voting process was conducted in full compliance with regulatory requirements. The scrutinizer verified that e-voting data was properly reconciled with records maintained by the Registrar and Transfer Agents, and all votes were scrutinized for verification.

The successful completion of the postal ballot process reflects the company's commitment to corporate governance and regulatory compliance. The electronic voting mechanism ensured broader participation while maintaining transparency and adherence to SEBI and MCA requirements.

Krishival foods Limited has filed its quarterly confirmation certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The compliance filing was submitted on April 08, 2026, to both the National Stock Exchange of India Limited and BSE Limited.

Regulatory Compliance Filing

The confirmation certificate was prepared and submitted by Purva Sharegistry (I) Pvt. Ltd., which serves as the company's registrar and share transfer agent. Purva Sharegistry holds SEBI registration number INR000001112 as a Category 1 Registrar for IPO and Share Transfer services.

Dematerialization Activity Report

The quarterly report reveals that no share certificates were dematerialized during the period from January 01, 2026 to March 31, 2026. The detailed dematerialization record shows the following:

Certificate Confirmation

As per the regulatory requirements, Purva Sharegistry confirmed that all securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories. The registrar also certified that any security certificates received for dematerialization were duly verified, mutilated, and cancelled as per prescribed procedures.

Company Information

Krishival Foods Limited operates under CIN number L74120MH2014PLC254748 with its registered office located at 1309, Lodha Supremus Saki Vihar road, opposite MTNL Office, Powai, Mumbai-400072. The company's shares are listed on both NSE (symbol: KRISHIVAL) and BSE (scrip code: 544416). The compliance certificate was signed by Rahul Gawande, Company Secretary and Compliance Officer, ensuring adherence to SEBI depositories regulations.