Sarveshwar Foods Limited, a prominent player in the food industry, has made significant strides in its upcoming rights issue process. The company has recently announced key details that are crucial for its shareholders and potential investors.

ISIN Allocation for Rights Entitlements

Sarveshwar Foods has been allocated the International Securities Identification Number (ISIN) INE324X20018 for rights entitlements related to its forthcoming rights issue. This ISIN will be used to credit the rights entitlements in dematerialized form to the demat accounts of eligible equity shareholders.

Arrangements with Depositories

The company has made necessary arrangements with both the National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) to facilitate the crediting of rights entitlements. This ensures a smooth process for shareholders to receive their entitlements.

Record Date and Rights Issue Details

The Rights Issue Committee of Sarveshwar Foods has approved several key aspects of the rights issue:

1. Record Date: Friday, August 22, 2025, has been set as the record date for determining shareholders eligible to receive the Rights Entitlement.

2. Rights Entitlement Ratio: Shareholders will be entitled to 12 fully paid-up rights equity shares for every 47 fully paid-up equity shares held as on the record date.

3. Issue Price: The rights issue price has been fixed at Rs. 6.00 per fully paid-up equity share, including a premium of Rs. 5.00 per share.

4. Issue Size: The company plans to issue 24,99,10,469 fully paid-up equity shares, amounting to an aggregate of Rs. 14,994.63 lakhs, assuming full subscription.

Pre and Post Issue Share Capital

Application Process

Eligible shareholders will need to apply for the Rights Issue on or before the issue closing date by paying the full application amount. If no application is made, the Rights Entitlements will lapse.

This rights issue represents a significant opportunity for existing shareholders of Sarveshwar Foods to increase their stake in the company. Investors are advised to carefully review the terms of the issue and consult with their financial advisors before making any investment decisions.

The company will provide further details, including fractional entitlements and other terms, in the Letter of Offer for the issue. Shareholders and potential investors should keep an eye out for this document for comprehensive information about the rights issue.

Sarveshwar Foods Limited, a prominent player in the food industry, has announced a significant move to bolster its financial position through a rights issue. The company's Rights Issue Committee has approved the terms for raising Rs. 149.95 crore, marking a pivotal moment in its capital raising efforts.

Rights Issue Details

The rights issue, approved by the committee on August 18, 2025, involves the issuance of 24,99,10,469 fully paid-up equity shares with a face value of Re. 1 each. These shares will be offered at a price of Rs. 6.00 per share, which includes a premium of Rs. 5.00. This strategic pricing aims to make the offer attractive to existing shareholders while raising substantial capital for the company.

Entitlement Ratio and Record Date

Sarveshwar Foods has set an entitlement ratio of 12:47, meaning eligible shareholders will have the right to subscribe to 12 new shares for every 47 shares they currently hold. The company has fixed August 22, 2025, as the record date to determine shareholders' eligibility for participating in this rights issue.

Impact on Share Capital

Assuming full subscription to the rights issue, Sarveshwar Foods' outstanding equity shares are expected to increase significantly:

This expansion in share capital reflects the company's ambitious plans for growth and development.

Regulatory Approvals

The rights issue has received in-principle approvals from both the BSE Limited and the National Stock Exchange of India Limited, underscoring the regulatory compliance of the offering. These approvals were granted on August 18, 2025, and August 14, 2025, respectively.

Key Dates and Timelines

• Board Approval Date: August 11, 2025
• Rights Issue Committee Meeting: August 18, 2025
• Record Date: August 22, 2025

The company has made arrangements with the National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) to credit the Rights Entitlements (REs) to the demat accounts of eligible shareholders.

Conclusion

This rights issue represents a significant opportunity for Sarveshwar Foods to strengthen its financial position and fund its future growth initiatives. Shareholders will need to closely monitor the upcoming announcements regarding the issue opening and closing dates to participate in this capital raising endeavor.

As the food industry continues to evolve, Sarveshwar Foods' proactive approach to capital management signals its commitment to maintaining a strong market position and pursuing growth opportunities in the sector.