Description

Krishival Foods Limited extends the closing date of its Rights Issue from January 5, 2026 to January 7, 2026 to provide eligible shareholders adequate opportunity to exercise their rights.

Summary

Krishival Foods Limited (NSE: KRISHIVAL, BSE: 544416) has extended the closing date of its Rights Issue by two days, from January 5, 2026 to January 7, 2026. The Rights Issue Committee made this decision on January 2, 2026, considering the holiday season and to provide eligible shareholders with adequate opportunity to exercise their rights. The Letter of Offer dated December 15, 2025 remains unchanged except for the revised issue closing date and consequent changes to the post-issue activity timeline.

Key Points

  • Rights Issue opened on December 26, 2025 as originally scheduled
  • Closing date extended from January 5, 2026 to January 7, 2026 (2-day extension)
  • Extension granted to accommodate holiday season and provide adequate time to eligible shareholders
  • Last date for submission of Common Application Form (CAF) with payment is now January 7, 2026
  • Rights Issue Committee meeting held on January 2, 2026 (4:00 PM to 6:30 PM)
  • No changes to Letter of Offer (LOF) or CAF except closing date and resultant timeline adjustments
  • Company CIN: L74120MH2014PLC254748

Regulatory Changes

No regulatory changes. This is an administrative extension of the rights issue timeline within the existing regulatory framework.

Compliance Requirements

  • Eligible equity shareholders must submit duly filled Common Application Form (CAF) along with applicable payment by January 7, 2026
  • On-market renunciation of rights entitlements remains unchanged (December 31, 2025)
  • Off-market transfer of rights entitlements deadline extended to January 6, 2026

Important Dates

Original vs Revised Schedule:

Issue Opening Date:

  • Original & Revised: Friday, December 26, 2025

Last Date for On-Market Renunciation:

  • Original & Revised: Wednesday, December 31, 2025

Last Date for Off-Market Transfer:

  • Original: Friday, January 2, 2026
  • Revised: Tuesday, January 6, 2026

Issue Closing Date:

  • Original: Monday, January 5, 2026
  • Revised: Wednesday, January 7, 2026

Basis of Allotment Finalization:

  • Original: Tuesday, January 6, 2026
  • Revised: Thursday, January 8, 2026

Date of Allotment:

  • Original: Wednesday, January 7, 2026
  • Revised: Thursday, January 8, 2026

Date of Credit of Right Equity Shares:

  • Original: Wednesday, January 7, 2026
  • Revised: Friday, January 9, 2026

Date of Listing:

  • Original: Wednesday, January 7, 2026
  • Revised: Monday, January 12, 2026

Impact Assessment

Positive Impacts:

  • Provides eligible shareholders additional time (2 days) to review and submit applications during holiday season
  • Reduces risk of eligible shareholders missing the deadline due to year-end holidays
  • May improve subscription rates by accommodating more participants

Timeline Impact:

  • All post-issue activities delayed by 1-3 business days
  • Listing date postponed from January 7 to January 12, 2026
  • Allotment process shifted by 1 day

Shareholder Impact:

  • Existing eligible shareholders have extended opportunity to exercise rights
  • No material changes to offering terms, pricing, or entitlements
  • Additional information available on company website: https://krishival.com/pages/investors-desk

Market Impact:

  • Minimal market disruption as extension is minor (2 days)
  • Demonstrates company’s consideration for shareholder convenience
  • May be viewed positively as shareholder-friendly measure

Impact Justification

Extension of rights issue closure date affects existing shareholders' ability to subscribe. Medium impact as it provides additional time for subscription during holiday season but does not materially alter the offering terms.