Krishival Foods shareholders approved two resolutions via postal ballot, including related party transactions and a loan conversion for its subsidiary.
The first resolution on related party transactions passed with 100% approval from 26 members casting 50.22 lakh valid votes.
The second resolution for an additional loan and its conversion into equity for subsidiary Melt 'N' Mellow Foods passed with 99.99% approval.
Votes from 3 promoters (holding 82.97 lakh shares) and 5 related parties (holding 4.99 lakh shares) were excluded from both counts.