The Rights Issue Committee of the Company at its meeting held today i.e. on August 18, 2025, has, inter alia, considered and approved the Rights Issue Price, Issue Size, Record Date, Rights Entitlement Ratio and other terms of Rights Issue.
SARVESHWAR · price
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Sarveshwar Foods Limited's Rights Issue Committee has approved the terms of its proposed rights issue, originally cleared by the Board on August 11, 2025. The company will issue up to 24.99 crore fully paid-up equity shares of Re. 1 each at Rs. 6 per share (including a Rs. 5 premium), aggregating to roughly Rs. 149.95 crores assuming full subscription. The entitlement ratio is 12 rights shares for every 47 shares held, with August 22, 2025 set as the record date. Post-issue, the company's outstanding equity shares will rise from about 97.88 crore to 122.87 crore, representing a ~25.5% expansion in share count. Shareholders can apply, renounce partly, or let entitlements lapse by the issue closing date.
Eligible shareholders as of August 22, 2025 will receive rights entitlements and can choose to subscribe, sell, or ignore them. The ~25.5% increase in share count means existing shareholders may see short-term earnings per share dilution if they don't participate, though fresh capital of up to Rs. 150 crores can support business growth.