Sarveshwar Foods Limited has informed the Exchange regarding Board meeting held on August 11, 2025 to approve the following agenda items:1. The raising of funds by way of RIGHTS ISSUE.2. unaudited standalone and consolidated Financial Results for the Quarter ended 30June, 2025 3.To consider the appointment of Mr. Anand Sharda, a Chartered Accountant by profession, as the Chief Financial Officer (CFO) of the Company.
SARVESHWAR · price
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Sarveshwar Foods' board, meeting on August 11, 2025, approved a Rights Issue of up to Rs. 150 crore through fully paid-up equity shares of Re. 1 face value to eligible shareholders. The board also cleared unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). On a consolidated basis, revenue rose to Rs. 30,134.89 lakhs (up from Rs. 23,305.44 lakhs in Q1 FY25), with profit for the period at Rs. 702.35 lakhs versus Rs. 308.87 lakhs a year ago. Standalone profit jumped to Rs. 325.26 lakhs from Rs. 128.75 lakhs in the previous quarter. Additionally, Mr. Anand Sharda, a Chartered Accountant with 19 years of experience (previously with Parag Milk Foods, RBL Bank, DCB Bank, and Publicis Groupe), was appointed as the new CFO effective August 11, 2025.
The Rs. 150 crore Rights Issue will raise fresh capital and dilute existing shareholdings, though it also strengthens the balance sheet for growth. Strong year-on-year profit growth signals improving operational performance, while the appointment of an experienced CFO brings financial leadership continuity.