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 during the holiday season.

Summary

Krishival Foods Limited has extended the closing date of its Rights Issue 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 issue closing date and resultant changes to the post-issue activity timeline.

Key Points

  • Rights Issue originally scheduled to close on January 5, 2026, now extended to January 7, 2026
  • Issue opened on December 26, 2025 as per original schedule
  • Decision made by Rights Issue Committee on January 2, 2026
  • Extension granted due to holiday season to allow adequate participation
  • Last date for submission of Common Application Form (CAF) with payment is now January 7, 2026
  • No changes to Letter of Offer (LOF) or CAF except closing date and related timelines
  • Company trades on NSE (Symbol: KRISHIVAL) and BSE (Scrip Code: 544416)

Regulatory Changes

No regulatory changes. This is a procedural extension of the rights issue timeline within the regulatory framework.

Compliance Requirements

  • Eligible equity shareholders must submit duly filled Common Application Form (CAF) along with payment by January 7, 2026
  • Shareholders can access updated information on the company website at https://krishival.com/pages/investors-desk
  • 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

  • Issue Opening Date: December 26, 2025 (unchanged)
  • Last Date for On-Market Renunciation: December 31, 2025 (unchanged)
  • Last Date for Off-Market Transfer: January 6, 2026 (revised from January 2, 2026)
  • Issue Closing Date: January 7, 2026 (revised from January 5, 2026)
  • Basis of Allotment: January 8, 2026 (revised from January 6, 2026)
  • Date of Allotment: January 8, 2026 (revised from January 7, 2026)
  • Credit of Right Equity Shares: January 9, 2026 (revised from January 7, 2026)
  • Expected Listing Date: January 12, 2026 (revised from January 7, 2026)
  • Rights Issue Committee Meeting: January 2, 2026 (4:00 PM to 6:30 PM)

Impact Assessment

Market Impact: Low to medium. The two-day extension provides additional time for shareholders to participate in the rights issue during the holiday period, potentially improving subscription rates. This demonstrates investor-friendly approach by the company.

Shareholder Impact: Positive for eligible shareholders who may have faced time constraints during the holiday season. Provides additional opportunity to exercise rights and maintain ownership proportions.

Timeline Impact: All post-issue activities delayed by 2-3 business days. Expected listing date moved from January 7, 2026 to January 12, 2026, accounting for weekend.

Operational Impact: Minimal. Extension is a common practice and does not indicate any issues with the rights issue process. The company has maintained all other terms of the offer unchanged.

Impact Justification

Extension of rights issue closure date affects eligible shareholders' timeline for subscription. Medium impact as it provides additional time but does not change fundamental terms of the issue.