Krishival Foods (KFL) has taken physical possession of an industrial property in the Halkarni Industrial Area, Kolhapur (Maharashtra), acquired via a SARFAESI auction conducted by Union Bank of India. Physical possession of the asset was formally handed over to the company.
The newly acquired property comprises approximately 8,000 square meters of land with 1,770.49 square meters of existing construction, providing scope for phased capacity expansion. The acquired parcel, spread across about 2 acres, lies adjacent to the company’s existing 5-acre MIDC land, effectively bringing KFL’s total landholding in the Halkarni Industrial Area to around 7 acres.
The company plans to leverage this land bank to develop an integrated processing unit for its nuts division, aligning with its long-term capacity expansion and value-added processing strategy. The larger footprint is expected to strengthen KFL’s operational efficiencies, enable backward integration, and support future product innovations under its packaged foods business.
Krishival Foods is engaged in processing raw cashew nuts into finished cashew kernels in different flavours, with a presence in many tier II and tier III towns and cities.
