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 decision was made by the Rights Issue Committee in its meeting held on January 2, 2026, considering the holiday season to provide eligible shareholders with adequate opportunity to exercise their rights. The Issue originally opened on December 26, 2025 as per the Letter of Offer dated December 15, 2025.

Key Points

  • Rights Issue closing date extended by 2 days from January 5, 2026 to January 7, 2026
  • Extension approved by Rights Issue Committee meeting held on January 2, 2026
  • Reason: Holiday season consideration to provide adequate opportunity to eligible shareholders
  • Issue opening date remains unchanged at December 26, 2025
  • Last date for submission of Common Application Form (CAF) with payment is now January 7, 2026
  • No changes to Letter of Offer (LOF) and CAF except for closing date and resultant timeline adjustments
  • Company details: CIN L74120MH2014PLC254748, NSE Symbol: KRISHIVAL, BSE Scrip Code: 544416

Regulatory Changes

No regulatory changes. This is a timeline extension for an ongoing Rights Issue within the existing regulatory framework.

Compliance Requirements

  • Eligible equity shareholders must submit duly filled Common Application Form (CAF) along with applicable payment by the revised closing date of January 7, 2026
  • Shareholders entitled to the Rights Issue must take note of the revised Issue Closure Date
  • On-market renunciation of rights entitlements deadline remains December 31, 2025
  • Off-market transfer of rights entitlements deadline extended to January 6, 2026

Important Dates

Original vs Revised Schedule:

  • Issue Opening Date: December 26, 2025 (unchanged)
  • Last Date for On-Market Renunciation: December 31, 2025 (unchanged)
  • Last Date for Off-Market Transfer of Rights: January 2, 2026 → January 6, 2026
  • Issue Closing Date: January 5, 2026 → January 7, 2026
  • Basis of Allotment Finalization: January 6, 2026 → January 8, 2026
  • Date of Allotment: January 7, 2026 → January 8, 2026
  • Date of Credit of Right Equity Shares: January 7, 2026 → January 9, 2026
  • Date of Listing: January 7, 2026 → January 12, 2026

Rights Issue Committee Meeting: January 2, 2026 (4:00 PM to 6:30 PM)

Impact Assessment

For Shareholders:

  • Positive impact: Additional 2 days (through the weekend) to review and submit applications
  • Eligible shareholders have extended opportunity to exercise rights during holiday season
  • Requires awareness of revised deadlines to avoid missing the extended window

For Market Operations:

  • Post-issue activities timeline shifted by 1-3 business days
  • Listing date postponed from January 7 to January 12, 2026 (5 calendar days delay)
  • Off-market transfer window extended by 4 days providing more flexibility

Overall Impact: Medium impact. The extension provides shareholder-friendly additional time during holiday season without materially affecting the Rights Issue structure or terms. Market participants and registrars need to note the revised timeline for post-issue activities.

Impact Justification

Extension of Rights Issue closing date affects existing shareholders' timeline for exercising rights. Medium impact as it provides additional time for participation but requires updated awareness of revised schedule.