Sarveshwar Foods Limited has informed the Exchange that Right issue committee at its meeting held on August 21, 2025, has approved the letter of offer.
SARVESHWAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sarveshwar Foods Limited's Rights Issue Committee approved the Letter of Offer on August 21, 2025, for a rights issue of up to 24.99 crore fully paid-up equity shares of face value ₹1 each at an issue price of ₹6 per share (including a ₹5 premium). The total issue size aggregates up to about ₹149.95 crore, offered in the ratio of 12 rights shares for every 47 shares held by eligible shareholders. The record date is August 22, 2025, the issue opens on September 2, 2025, and closes on September 16, 2025, with listing expected around September 19, 2025. The company is listed on both BSE (scrip code 543688) and NSE (symbol SARVESHWAR), and the funds are being raised to support the business.
Eligible shareholders as of the record date (August 22, 2025) will need to decide whether to subscribe to their entitlement, renounce, or let it lapse. The rights issue will dilute existing shareholders proportionally if fully subscribed, but it also provides an opportunity to increase their stake at the issue price.