ALPHA TRIBE

Sarveshwar Foods LimitedImportant, 21-08-2025: Committee Meeting Updates

21-08-2025 | 06:42 pm

Sarveshwar Foods has approved its Letter of Offer for a Rights Issue, offering up to 24.99 crore new equity shares. The issue price is ₹6 per share, aiming to raise up to ₹150 crore. Eligible shareholders can subscribe at a ratio of 12 new shares for every 47 shares held. The funds raised will primarily augment working capital (₹130 Cr) and for general corporate purposes (₹11.80 Cr). The Rights Issue opens on September 2, 2025, with a Record Date of August 22, 2025, and closes on September 16, 2025. The Promoter will renounce part of their entitlement, while other Promoter Group members will fully subscribe.

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