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Krishival Foods clears ₹100-crore rights issue to fuel dairy-sector expansion
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Krishival Foods sanctioned a ₹100-crore rights issue to expand dairy processing and reduce debt, signaling rising equity interest in consumer-staple mid-caps.
Krishival Foods approved a ₹100-crore rights issue during its October 27 board meeting to strengthen capacity and meet rising retail-segment demand. Proceeds will finance new processing lines and working-capital needs across western India. Management said the plan aims to lower leverage and fund product innovation before the festive quarter. Market strategists noted the issue reflects improving investor appetite for mid-cap consumer businesses tapping equity markets. The initiative positions Krishival Foods to capture regional growth as packaged-dairy consumption accelerates through FY2026.