Sarveshwar Foods Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting
13-08-2025 | 05:13 pm
13-08-2025 | 05:13 pm
Sarveshwar Foods' board meeting on August 11 approved a rights issue to raise up to Rs 150 Cr, offering fully paid-up equity shares to eligible shareholders. The board also approved the consolidated financial results for the quarter ended June 30, 2025. Further, Mr. Anand Sharda, a Chartered Accountant with 19 years of experience, was appointed as the new Chief Financial Officer. A Rights Issue Committee has been formed to decide on the specific terms like price and ratio. This move aims to strengthen the company's financial position.
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