Image Source: Lokmat Times
Krishival Foods Ltd has fixed the price of its upcoming rights issue at ₹300 per share, offering existing shareholders an opportunity to participate in the company’s capital-raising plan. The move is aimed at strengthening its balance sheet, funding expansion, and supporting operational growth in India’s fast-growing food processing sector.
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The rights issue will allow eligible shareholders to subscribe proportionately, ensuring inclusive participation while providing the company with fresh equity capital. Analysts note that the pricing reflects confidence in Krishival’s growth trajectory, with funds likely to be deployed toward capacity expansion, working capital requirements, and strategic investments. The announcement comes at a time when food processing companies are witnessing rising demand, driven by changing consumer preferences and export opportunities.
Notable updates
• Krishival Foods Ltd sets rights issue price at ₹300 per share
• Rights issue designed to raise equity capital from existing shareholders
• Funds to be used for expansion, working capital, and strategic investments
• Move reflects confidence in growth prospects amid rising demand in food processing
• Analysts highlight shareholder-inclusive fundraising as a positive for long-term growth
Major takeaway
Krishival Foods’ rights issue pricing underscores its commitment to growth and financial strengthening, positioning the company to capture opportunities in India’s evolving food sector.
Sources: Reuters, Economic Times, Business Standard
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