Sarveshwar Foods Limited has officially notified the stock exchanges about its upcoming Board meeting scheduled for February 14, 2026. The meeting will focus on reviewing and approving the company's quarterly financial performance for the third quarter of fiscal year 2026.

Board Meeting Details

The company has communicated to both the National Stock Exchange of India Limited and BSE Limited regarding the Board meeting scheduled for Saturday, February 14, 2026. The primary agenda includes consideration and approval of unaudited standalone and consolidated financial results for the quarter ended December 31, 2025.

Regulatory Compliance and Trading Window Closure

In accordance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sarveshwar Foods Limited has provided prior intimation of the Board meeting to the stock exchanges. The company has also implemented insider trading prevention measures through its Code of Conduct for Prevention of Insider Trading.

The trading window closure details are as follows:

Company Information

Sarveshwar Foods Limited operates from its registered office located at Sarveshwar House, Below Gumat, Jammu, Jammu and Kashmir. The company maintains its corporate identity with CIN L15312JK2004PLC002444 and trades on the National Stock Exchange under the symbol SARVESHWAR, while its BSE scrip code is 543688.

Communication and Disclosure

The formal communication has been signed by Sadhvi Sharma, who serves as the Company Secretary and Compliance Officer for Sarveshwar Foods Limited. The notification has been sent to both major stock exchanges with a request to display the information on their respective notice boards for the benefit of members and the general public.

Sarveshwar foods Limited has announced the forfeiture of ₹23.77 crore in upfront payments following the lapse of 9.81 crore warrants on January 25, 2026. The company informed stock exchanges that warrant holders failed to exercise their conversion option within the prescribed 18-month period, resulting in automatic lapse of the securities.

Warrant Allotment and Conversion Timeline

The company had originally allotted 10.20 crore warrants on July 25, 2024, on a preferential basis. These warrants entitled holders to apply for and receive an equivalent number of equity shares within 18 months from the allotment date. The conversion window closed on January 24, 2026, after which all unexercised warrants automatically lapsed.

Conversion Performance and Forfeiture Details

Out of the total 10.20 crore warrants allotted, only 39.50 lakh warrants were exercised within the conversion period. The remaining 9.81 crore warrants lapsed due to non-exercise by their respective holders. As per SEBI regulations, the company has forfeited the upfront amount of ₹23.77 crore, which represented 25% of the total issue size collected at the time of warrant allotment.

Major Warrant Holders Affected

The lapse affected several significant investors, with institutional funds bearing the largest impact. Eminence Global Fund PCC had the highest exposure with 4.75 crore warrants lapsed, resulting in forfeiture of ₹11.52 crore. Radiant Global Fund followed with 2.55 crore lapsed warrants and ₹6.18 crore forfeited.

Regulatory Compliance and Capital Structure Impact

Sarveshwar Foods Limited has informed both NSE and BSE about the warrant lapse in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that the lapse of warrants does not result in any change to its capital structure. The forfeiture follows SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2018, which mandates retention of upfront payments when warrants remain unexercised beyond the conversion period.