Shares of small-cap company Krishival Foods defied broader market weakness on Tuesday, climbing 2.5% in intra-day trade. This upward movement comes just ahead of a crucial corporate action, keeping investor focus firmly on the counter.
Record Date Set for Major Capital Raise
The company has officially fixed December 17, 2025, as the record date for determining which shareholders are eligible to participate in its upcoming rights issue. This information was communicated to the exchanges after market hours on December 11. According to the filing, all shareholders holding equity shares as of this record date will be entitled to receive rights entitlements.
This move follows the board of directors' approval on November 26, 2025, for raising capital aggregating up to ₹100 crore. A rights issue allows a company to raise funds by offering new shares to its existing shareholders, usually at a discounted price and in a specific ratio. This mechanism enables current investors to maintain their proportional ownership in the company.
Structure and Timeline of the Rights Issue
Under the approved plan, Krishival Foods will issue partly paid-up equity shares, each with a face value of ₹10. The price for each rights share has been set at ₹300, which includes ₹10 as face value and ₹290 as a premium. The total issue comprises 33,33,160 equity shares.
The offering will be made in the ratio of 45 rights shares for every 301 fully paid-up equity shares held by an investor on the record date. The subscription window for the issue is scheduled to open on December 26, 2025, and will close on January 5, 2026.
Shareholders have the option to renounce (or sell) their rights entitlements to other investors. The deadline for on-market renunciation on the exchange is December 31, 2025, while the off-market renunciation window closes on January 2, 2026. Upon successful completion of this capital raise, the company's total outstanding equity shares will increase from the current 2,22,95,141 to 2,56,28,301.
Robust Share Price Performance
On December 16, Krishival Foods' stock extended its gaining streak to a third consecutive session, hitting an intra-day high of ₹490.80. While the stock has seen some pressure in the short term, dipping over 2% in December after a 3.6% fall in November, its longer-term trajectory remains exceptionally strong.
The stock has delivered stellar returns across multiple timeframes, cementing its status as a multibagger:
- Gained 95% in the calendar year 2025 (Year-to-Date).
- Surged 84% over the past one year.
- Advanced 39% in the last six months.
- Risen 8% over the previous three months.
- Delivered an impressive 387% return over a five-year horizon.
The stock had reached its 52-week high of ₹506.40 on October 23, 2025, after touching a 52-week low of ₹355 on August 11. The current rally ahead of the rights issue record date indicates sustained investor interest in the company's growth plans.
