Sarveshwar Foods Limited Signs ₹197.29 Crore MoU with JKH PMC for Basmati Rice Cluster Development in Jammu

1 min read     Updated on 20 Jan 2026, 06:16 PM
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Overview

Sarveshwar Foods Limited has signed a ₹197.29 crore MoU with JKH PMC for developing Basmati Rice Clusters in Jammu under HADP. The programme targets integrated development across pre-production, production, and post-harvest management verticals to transform the basmati value chain in Jammu and Kashmir. The company disclosed this strategic partnership under SEBI Regulation 30 on January 20, 2026.

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Sarveshwar Foods Limited has announced a significant partnership with JKH PMC through a Memorandum of Understanding for the development of Basmati Rice Clusters in the Jammu region. The agreement, disclosed under Regulation 30 of SEBI regulations, represents a major initiative worth ₹197.29 crores under the Horticulture and Agriculture Development Programme (HADP).

Strategic Partnership Details

The MoU establishes a comprehensive framework for transforming the basmati value chain in Jammu and Kashmir. The programme focuses on leveraging the geographical specialization of agriculture and allied sector clusters to promote integrated and market-led development.

Parameter: Details
Partner Entity: JKH PMC
Agreement Value: ₹197.29 crores
Programme: HADP (Horticulture and Agriculture Development Programme)
Scope: Domestic
Region: Jammu, Jammu and Kashmir

Programme Structure and Objectives

The development programme is structured around three key verticals designed to create a comprehensive basmati rice ecosystem:

  • Pre-production and production: Focusing on upstream activities in the basmati rice value chain
  • Post-harvest management and value addition: Emphasizing downstream processing and enhancement activities

The initiative aims to promote integrated and market-led development by utilizing the region's natural advantages in basmati rice cultivation.

Regulatory Compliance

Sarveshwar Foods Limited has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company filed the necessary documentation with both the National Stock Exchange of India Limited and BSE Limited on January 20, 2026.

Exchange: Details
NSE Symbol: SARVESHWAR
BSE Scrip Code: 543688
Filing Date: January 20, 2026

Company Information

Sarveshwar Foods Limited, incorporated under CIN L15312JK2004PLC002444, operates from its registered office at Sarveshwar House, Below Gumat, Jammu. The company specializes in food processing with a focus on Himalayan food products, as indicated by its branding as "Sattvic Himalayan Food."

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Sarveshwar Foods CFO Anand Sharda Resigns Effective January 16, 2026

1 min read     Updated on 16 Jan 2026, 06:23 PM
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Overview

Sarveshwar Foods Limited announced the resignation of Chief Financial Officer Mr. Anand Sharda, effective January 16, 2026, due to better opportunities. The company has informed NSE and BSE about this key personnel change in compliance with SEBI regulations. Mr. Sharda formally communicated his resignation through an official email on his last working day.

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Sarveshwar Foods Limited has announced a significant change in its key management personnel with the resignation of Chief Financial Officer Mr. Anand Sharda. The company informed stock exchanges about this development in compliance with regulatory requirements under SEBI regulations.

Key Details of the Resignation

The resignation became effective from the closure of business hours on January 16, 2026. Mr. Sharda cited better opportunities as the primary reason for his departure from the company.

Parameter: Details
Name: Mr. Anand Sharda
Position: Chief Financial Officer and Key Managerial Personnel
Effective Date: January 16, 2026
Reason: Better opportunities
Last Working Day: January 16, 2026

Regulatory Compliance

Sarveshwar Foods Limited has fulfilled its disclosure obligations by informing both major stock exchanges about this key personnel change. The company submitted the required intimation to:

  • National Stock Exchange of India Limited (Symbol: SARVESHWAR)
  • BSE Limited (Scrip Code: 543688)

The disclosure was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Part A of Schedule III to the said Regulations.

Official Communication

Mr. Sharda formally communicated his resignation through an official email sent on January 16, 2026, at 5:15 PM. In his resignation email, he stated: "I Anand Sharda, hereby tender my resignation from the post of Chief Financial Officer of the Company for better opportunity effective from 16th January, 2026 last working day."

The resignation email was addressed to key company officials including Rohit and Anil from Sarveshwar Foods management, with copies sent to the Company Secretary and his personal email address. Mr. Sharda also reminded the management about updating regulators as per regulatory requirements.

Company Information

Sarveshwar Foods Limited is registered with CIN L15312JK2004PLC002444 and has its registered office at Sarveshwar House, Below Gumat, Jammu, (J&K) – 180001. The company maintains its official website at sarveshwarfoods.com and can be contacted at 01923-220962.

The detailed disclosure information is also available on the company's official website for stakeholder reference. Company Secretary & Compliance Officer Sadhvi Sharma signed the official communication to the stock exchanges regarding this personnel change.

Historical Stock Returns for Sarveshwar Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-1.23%-6.71%-10.04%-50.25%-50.25%+859.52%
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