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Latest news about KRBL

KRBL Limited Wins Appeal Against Customs Penalties, Orders Set Aside by Appellate Authority Jan 23, 2026

KRBL Limited has won its appeal against customs penalties, with the appellate authority setting aside two orders from the Joint Commissioner of Customs, Noida, dated April 30, 2025, and July 31, 2025. The company will now seek refund of pre-deposits made during the proceedings, marking a favorable resolution to customs-related legal challenges.

KRBL Reduces Iran Exposure as US Tariff Threat Pressures Basmati Rice Prices Jan 13, 2026

KRBL Limited Shareholders Approve Appointment of Sudhir Garg as Independent Director Jan 12, 2026

KRBL Wins Best Mid-Day Meal Initiative Award 2025 Dec 18, 2025

KRBL Limited Honored with Excellence in Family Business Award 2025 Dec 12, 2025

More news about KRBL

12Dec 25

KRBL Limited Receives Credit Rating Reaffirmation from ICRA for Banking Facilities Worth ₹2,085 Crores

KRBL Limited received credit rating reaffirmation from ICRA Limited on December 12, 2025, for banking facilities totaling ₹2,085.00 crores. The rating agency maintained ICRA [AA] (Stable) ratings for long-term facilities and ICRA [A1+] ratings for short-term instruments, demonstrating continued confidence in the company's creditworthiness and financial stability.

11Dec 25

KRBL Limited Issues Official Postal Ballot Notice for Independent Director Appointment

KRBL Limited has officially issued a postal ballot notice under Regulation 30 seeking shareholder approval for Mr. Sudhir Garg's appointment as Independent Non-Executive Director. The retired IAS officer brings 30+ years of administrative experience and will serve a five-year term starting December 4, 2025. Electronic voting is scheduled from December 14, 2025, to January 12, 2026, with results expected by January 14, 2026.

17Nov 25

KRBL Limited Clinches Gold at LACP 2025 Spotlight Awards for Annual Report Excellence

KRBL Limited secured the Gold Award for its Annual Report at the LACP 2025 Spotlight Awards, placing it among the Top 100 companies worldwide. The award recognizes KRBL's excellence in corporate reporting and stakeholder communication. Company Secretary Piyush Asija expressed pride in this achievement, viewing it as a testament to KRBL's commitment to clear and comprehensive reporting practices. This recognition enhances KRBL's reputation and may attract increased investor attention.

15Nov 25

KRBL Outlines Growth Strategy: Improved Margins and Export Targets

KRBL, a leading Indian food company, has announced its strategic growth plans. The company expects improved gross margins for FY2026 and targets 10% average growth in domestic business. For exports, Q3 guidance is set at approximately INR 400 crores. KRBL aims to expand its non-basmati rice business from the current INR 200 crores to INR 500 crores within 2-3 years. Q4 export performance will depend on bulk pipeline developments.

28Oct 25

KRBL Announces Ongoing AZB & Partners Review, Board Presentation Set for November 14

KRBL Limited, a leading rice exporter, has announced that a review by AZB & Partners is in progress. The findings will be presented to the board on November 14. The nature and scope of the review have not been disclosed. AZB & Partners' expertise in corporate law and regulatory matters suggests the review may be related to these areas, though this is unconfirmed.

03Oct 25

KRBL Secures Panipat Properties with 4.03 Billion Rupee Bid

KRBL Limited, known for India Gate Basmati Rice, has successfully bid 4.03 billion rupees for properties in Panipat, Haryana. This acquisition could potentially expand KRBL's storage facilities, enhance processing capabilities, or establish a new operational hub in the agriculturally significant state. The move suggests KRBL's commitment to growth and strategic asset acquisition, potentially increasing capacity and strengthening its regional presence.

01Oct 25

KRBL Secures Strategic Properties in Panipat for ₹402.86 Crore

KRBL Limited, owner of India Gate basmati rice brand, has successfully bid ₹402.86 crore in an e-auction to acquire properties in Panipat, Haryana. The bid, significantly higher than the ₹104.10 crore reserve price, was confirmed on October 1. The acquisition, overseen by the Justice R.M. Lodha Committee, is part of KRBL's growth strategy. The company plans to use the properties for setting up a new plant, warehousing activities, or partial land monetization. This move indicates KRBL's intent to expand its operational capacity in northern India, a key basmati rice cultivation area.

24Sept 25

KRBL Limited Expands into Real Estate, Shareholders Approve Key Changes

KRBL Limited, an agri-foods company, has received shareholder approval to diversify into real estate development. The company's Memorandum of Association was altered at the 32nd AGM, allowing KRBL and its subsidiaries to engage in real estate activities. This strategic move aims to complement KRBL's existing business and enhance long-term shareholder returns. The AGM also approved other resolutions including appointment of secretarial auditors, dividend declaration, and director appointments.

24Sept 25

KRBL Limited Appoints Desh Raj Dogra as Independent Director and AZB & Partners for Independent Review

KRBL Limited has appointed Desh Raj Dogra as an Independent Non-Executive Director for a five-year term, effective July 04. Dogra brings over 40 years of financial sector experience. The company has also engaged AZB & Partners, a law firm, to conduct an independent review of certain observations and submit a report to the relevant Board Committee. These moves demonstrate KRBL's commitment to enhancing corporate governance practices.

17Sept 25

KRBL Limited Addresses Governance Concerns and Financial Write-off Following Independent Director's Resignation

KRBL Limited held an investor call to address issues raised after Independent Director Anil Kumar Chaudhary's resignation. The company is appointing a third-party firm for a 30-day review of board processes. KRBL disclosed a INR 58.00 crore write-off related to export receivables from a 2023 African shipment. The company reported spending INR 40.00 crore on CSR activities over three years, with an unspent balance of INR 37.00 crore. Management also clarified governance matters including proposed changes to the memorandum of association and processes for determining variable pay.

15Sept 25

KRBL Appoints External Auditor to Address Governance Concerns Following Director's Resignation

KRBL Ltd., a major rice producer, is addressing corporate governance concerns raised by a recently resigned independent director, Anil Kumar Chaudhary. The company's board has decided to appoint an independent third-party firm to review the observations made by Chaudhary within 30 days. The review findings will be presented to board committees for further action. KRBL's stock price dropped by 12.83% following the news, with shares currently trading at Rs 397.40, down 10.52%. The company has emphasized its commitment to transparency and integrity, promising to keep stakeholders informed of any updates.

14Sept 25

KRBL Independent Director Anil Kumar Chaudhary Resigns, Citing Board Dynamics Issues

Anil Kumar Chaudhary has resigned as Independent Director of KRBL Limited, effective September 8, 2025. His resignation letter highlighted several governance issues, including inconsistencies in board proceedings, information withholding, financial concerns, questionable CSR fund usage, compensation issues, and corporate governance practices. KRBL confirmed the resignation in a regulatory filing, stating no material reasons were provided beyond those in the letter. This development may impact investor confidence and lead to increased scrutiny of KRBL's board practices.

05Sept 25

KRBL Limited Launches Nationwide Campaign on New FSSAI Basmati Rice Standards

KRBL Limited, the world's largest Basmati rice manufacturer, has initiated a pan-India awareness campaign through its India Gate brand to educate consumers and trade partners about new FSSAI regulations for Basmati rice, effective August 1, 2023. The new standards limit non-basmati grain presence to 15%, require natural fragrance, and prohibit artificial additives. KRBL's campaign includes TV commercials, print ads, and social media efforts. The company, with a processing capacity of 195 MT per hour, aims to address adulteration issues and reinforce its commitment to quality in the Basmati rice market.

27Aug 25

KRBL Limited Hit with Rs 6.1 Crore Penalty Over Basmati Rice Export Standards

KRBL Limited, a leading rice exporter, has been penalized Rs 6.10 crore by the Joint Commissioner of Customs, Noida, for alleged non-compliance with Basmati Rice Export Rules. The penalty includes Rs 5.60 crore on KRBL and its CMD under the Customs Act, and a Rs 0.50 crore redemption fine. The company plans to appeal against the order, stating there's no significant impact on its operations. The case stems from a 2012 show cause notice and highlights the strict regulations in India's basmati rice export sector.

11Aug 25

KRBL Shares Soar to 52-Week High on Robust Q1 Performance

KRBL Ltd's shares reached a 52-week high of Rs 440.00, rising over 18% in two consecutive trading sessions. The company reported a 74% year-on-year increase in Q1 profit after tax to Rs 151.00 crore, with revenue from operations up 32% to Rs 1,584.00 crore. EBITDA grew 62% to Rs 225.00 crore, with the EBITDA margin improving to 13.9%. KRBL maintains strong market shares across various sales channels, with its India Gate brand reaching 1.1 crore households. The company's market capitalization rose to Rs 8,387.00 crore following the results announcement.

07Aug 25

KRBL Reports Robust Q1 Performance with 73% Jump in Net Profit

KRBL Limited, India's leading rice exporter, reported strong Q1 financial results. Consolidated net profit increased by 73% to ₹1,505.80 crore, while revenue from operations grew 32% to ₹1,584.35 crore. EBITDA rose 62% to ₹225.00 crore, with the EBITDA margin expanding to 13.9%. Domestic revenue increased by 15%, and export revenue surged 98%. The company maintained its market leadership with a 37.9% share in the packaged basmati rice segment in India. KRBL launched a new range of edible oils, expanded its distribution network, and invested in brand building. The company's stock closed at ₹365.85 on the BSE, up 2.15%.

30Jun 25

KRBL Shares in Focus as Government Hikes Broken Rice Prices for Ethanol Production

The Indian government has announced an increase in prices for broken rice used in ethanol production, effective October 1st. This decision is expected to impact the rice industry, including major players like KRBL Ltd. The price hike could affect KRBL's revenue from broken rice sales, ethanol production costs, and overall market dynamics. The full extent of the impact on KRBL's operations and financials is yet to be determined, and stakeholders will be closely monitoring the company's response to this regulatory change.

17Jun 25

KRBL Ltd Sets Sights on Double-Digit EBITDA Margin for FY26

KRBL Ltd, a leading rice producer, aims to achieve a double-digit EBITDA margin by FY26, targeting the 16.2% margin seen in Q4 FY25. Despite a 14.01% YoY revenue decline in Q4 FY25, the company showed strong profitability growth with EBITDA up 15.64% and net profit up 16.29%. KRBL's strategy includes focusing on export growth, cost optimization, enhancing distribution in Saudi Arabia, and diversifying into edible oils. The company maintains a neutral to positive outlook for exports.

16May 25

KRBL Ltd: Q4 Profit Surges 35%, Dividend Declared

KRBL Limited, owner of India Gate Basmati Rice brand, announced impressive Q4 financial results. Consolidated net profit increased by 35.1% to ₹154.00 crore, while revenue grew 9.4% to ₹1,442.20 crore. EBITDA rose by 25.4% to ₹223.70 crore. The board recommended a final dividend of ₹3.50 per equity share.