Krishival Foods Limited — Others, 30-05-2025: Related Party Transactions

Krishival Foods has announced a board meeting approving strategic investments through its subsidiary Melt ‘N’ Mellow Foods Pvt Ltd, acquiring a 49% stake in Hamma Foods and BVK Foods. The company plans to invest up to ₹22 Cr in Hamma Foods’ large-scale ice cream and dairy plant and up to ₹7 Cr in BVK Foods’ ice cream and bakery facility, both in Maharashtra. Additionally, up to ₹10 Cr will be invested in wholly-owned Siddhivinayak Cashew Industries to enhance nuts processing in Kolhapur. Loans to Melt ‘N’ Mellow and Siddhivinayak Cashew are also approved, supporting capacity expansion and product diversification.