Krishival Foods Board Approves ₹20 Crore Additional Loan to Ice Cream Subsidiary
Published on: March 12, 2026, 6:02 p.m. | Source: scanx.trade
Krishival Foods Limited's board approved an additional ₹20 crore loan to subsidiary Melt 'N' Mellow Foods Private Limited on March 12, 2026, bringing total approved funding to ₹45 crore for working capital needs. The board also approved converting all loans into equity shares in future tranches and related party transactions under SEBI regulations. Shareholder approval will be sought through postal ballot with e-voting scheduled from March 15 to April 13, 2026.
