Sarveshwar Foods Limited has informed the Exchange regarding allotment of 24,99,10,469 securities pursuant to Rights Issue at its meeting held on September 17, 2025
SARVESHWAR · price
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Sarveshwar Foods Limited has completed the allotment of 2,49,10,469 securities under its Rights Issue at a board meeting held on September 17, 2025. The shares have been formally allotted to eligible shareholders who exercised their rights entitlement. This marks the completion stage of the Rights Issue process previously announced by the company. Shareholders who did not subscribe or renounce their rights would have seen their stake diluted in proportion to the new shares issued.
Existing shareholders who subscribed to the rights issue will see their shareholding maintained, while non-subscribers face dilution. The fresh capital raised will strengthen the company's equity base and may be used for expansion, working capital, or debt reduction, depending on the stated purpose of the issue.