Krishival Foods Expands Operations with 8,000 Sq. Meter Land Acquisition in Kolhapur

1 min read     Updated on 03 Nov 2025, 03:30 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Krishival Foods Limited has acquired an 8,000 square meter industrial property with 1,770.49 square meters of built-up area in Kolhapur, Maharashtra. The land, acquired through a SARFAESI auction by Union Bank of India, is adjacent to the company's existing 5-acre MIDC land. This acquisition aims to expand the company's nut and food processing operations, potentially increasing production capacity and creating operational synergies.

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*this image is generated using AI for illustrative purposes only.

Krishival Foods Limited has announced a significant expansion of its operations through the acquisition of industrial land in Kolhapur, Maharashtra. This move is expected to bolster the company's nut and food processing business.

Land Acquisition Details

The company has acquired and taken physical possession of an industrial property in the Halkarni Industrial Area, Kolhapur. Here are the key details of the acquisition:

Aspect Details
Land Area 8,000 square meters
Built-up Area 1,770.49 square meters
Acquisition Method SARFAESI auction conducted by Union Bank of India
Location Adjacent to Krishival Foods' existing 5-acre MIDC land

Strategic Importance

This land acquisition is strategically significant for Krishival Foods for several reasons:

  1. Expansion of Processing Operations: The newly acquired land is expected to be utilized for the future expansion of the company's nuts and food processing operations.

  2. Operational Synergy: The proximity to Krishival Foods' existing 5-acre MIDC land in the same area may create operational synergies and efficiencies.

  3. Increased Production Capacity: The additional land and built-up area are expected to enhance the company's production capabilities.

Regulatory Compliance

Krishival Foods has informed the stock exchanges about this acquisition, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that shareholders and potential investors are kept informed about significant developments that may impact the company's operations and financial performance.

This land acquisition marks a notable step in Krishival Foods' growth strategy in the food processing sector. The company's future utilization of this new asset may be of interest to investors and market watchers in the competitive food processing industry.

Historical Stock Returns for Krishival Foods

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-0.55%+0.94%+5.63%+104.29%+67.47%+1,024.04%
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Krishival Foods Defers Rights Issue, Approves Authorized Capital Increase

1 min read     Updated on 28 Oct 2025, 08:23 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Krishival Foods Limited has postponed its planned rights issue of Rs. 100 crores due to technical issues. The company's board has approved an increase in authorized share capital from Rs. 24.50 crores to Rs. 30.00 crores, raising the number of equity shares from 2.45 crore to 3.00 crore. An Extraordinary General Meeting is scheduled for November 21, 2025, to seek shareholder approval for the capital increase.

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*this image is generated using AI for illustrative purposes only.

Krishival Foods Limited , a company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), has announced significant corporate actions following a board meeting held on October 28, 2025.

Rights Issue Deferral

The company's Board of Directors has decided to postpone its previously planned rights issue of partly paid-up equity shares. The issue, which was intended to raise up to Rs. 10,000.00 lakhs (Rs. 100.00 crores), has been deferred due to technical issues. The company expects these issues to be resolved within a month.

Authorized Capital Increase

In a move to strengthen its capital structure, Krishival Foods has approved an increase in its authorized share capital. The details of this increase are as follows:

Aspect Current Proposed
Authorized Share Capital Rs. 24.50 crores Rs. 30.00 crores
Number of Equity Shares 2.45 crore 3.00 crore
Face Value per Share Rs. 10.00 Rs. 10.00 (unchanged)

This increase in authorized capital will require an amendment to Clause V of the company's Memorandum of Association, which is subject to shareholder approval.

Upcoming Extraordinary General Meeting

To seek approval for the authorized capital increase, Krishival Foods has scheduled an Extraordinary General Meeting (EGM) for November 21, 2025, at 11:00 AM IST. The meeting will be conducted via video conferencing (VC) or other audio-visual means (OAVM).

The Board meeting where these decisions were made commenced at 6:30 PM and concluded at 7:20 PM on October 28, 2025.

These corporate actions reflect Krishival Foods' strategic planning for future growth and capital requirements. The deferral of the rights issue suggests a cautious approach to ensure all technical aspects are properly addressed before proceeding with the capital raise. Meanwhile, the increase in authorized capital positions the company for potential future expansions or capital-raising activities.

Investors and stakeholders should note that these developments, particularly the authorized capital increase, are subject to shareholder approval at the upcoming EGM.

Historical Stock Returns for Krishival Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-0.55%+0.94%+5.63%+104.29%+67.47%+1,024.04%
Krishival Foods
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