KRISHIVAL FOODS: ₹35 CR FUNDING FOR ICE-CREAM SUBSIDIARY
• Krishival Foods to provide ₹35 Cr loan and corporate guarantee to subsidiary Melt 'N' Mellow Foods.
• Funds to support working capital for ice cream, milk products & bakery business.
• Loan carries 12% interest and may be converted into equity in future.
• Melt 'N' Mellow FY26 turnover stood at ₹90.22 Cr vs ₹49.94 Cr in FY25.
• Transaction expected to be completed within 12 months.
1September 3, 2026 1.2K
