Sarveshwar Foods' Subsidiary Inks $19.8 Million Rice Export Deal with Indian Rice Exporters Federation

Sarveshwar Foods ' subsidiary, Green Point Pte. Ltd., has entered into a significant agreement with the Indian Rice Exporters Federation (IREF) for rice exports valued at $19.8 million (approximately ₹173.9 crores). This development marks a substantial step in expanding India's footprint in the global rice market.

Key Details of the Agreement

The Memorandum of Understanding (MoU) between Green Point Pte. Ltd. and IREF outlines the following key points:

Aspect	Details
Total Volume	50,000 Metric Tons
Rice Types	40,000 MT Indian Parboiled Rice 10,000 MT Indian White Rice
Value	$19.8 million (₹173.9 crores)
Pricing Basis	CFR (Cost and Freight)
Target Markets	UAE, Saudi Arabia, Iraq, USA, Côte d'Ivoire, China, UK, Benin, South Africa, Senegal, Kenya, Cameroon, Netherlands

Strategic Implications

This agreement represents a significant opportunity for Sarveshwar Foods to strengthen its international presence through its Singapore-based subsidiary. The collaboration aims to capitalize on the growing global demand for high-quality Indian rice.

Rohit Gupta, Chairman of Sarveshwar Foods Limited, expressed enthusiasm about the partnership, stating, "We are pleased to collaborate with IREF to ensure consistent supply of premium Indian rice to our international clientele. India's expertise in rice cultivation and processing aligns perfectly with our vision to serve diverse global markets."

About Sarveshwar Foods Limited

Sarveshwar Foods Limited (SFL) is a prominent player in the Indian rice industry with a heritage spanning over 130 years. The company specializes in manufacturing, trading, processing, and marketing both branded and unbranded basmati and non-basmati rice for domestic and international markets.

Key features of SFL include:

ISO 22000:2018 and USFDA certified
BRC, Kosher, NPPO USA & CHINA, and NOP-USDA Organic certifications
Primary operations based in Jammu & Kashmir and Gujarat
Expansion into FMCG and organic product categories
First private sector food company from Jammu & Kashmir listed on NSE and BSE

This export agreement underscores SFL's commitment to expanding its global reach and capitalizing on the increasing international demand for Indian rice. As the company continues to leverage its expertise in rice cultivation and processing, this deal may pave the way for further growth and market penetration in the global rice trade.

Note: The information provided is based on the company's announcement and should not be considered as financial advice. Investors are advised to conduct their own research before making any investment decisions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.40%	-1.55%	-19.01%	-17.96%	-45.66%	+1,167.50%

Sarveshwar Foods Limited (SFL), a prominent player in the Indian rice industry, has taken a significant step towards strengthening its basmati rice ecosystem. The company recently organized a 'Basmati export promotion programme' at the SIDCO Industrial Area in Samba, bringing together key stakeholders in the basmati rice value chain.

Enhancing Farmer-Market Connections

The program aimed to create stronger links between Farmer Producer Organizations (FPOs), basmati producers, and traders. By facilitating direct market access, SFL seeks to improve price realization for farmers through collective marketing efforts by FPOs.

Focus on Sustainable Practices

A key emphasis of the program was the adoption of sustainable and residue-free cultivation practices. This focus aligns with international export standards and is expected to further enhance the global reputation of Jammu's premium basmati rice.

Leadership Insights

Mr. Rohit Gupta, Chairman of Sarveshwar Foods Limited, highlighted the company's commitment to building a transparent and sustainable ecosystem. He stated, "Linking FPOs directly with producers and traders is key to creating a value chain that benefits every stakeholder — from farmers to exporters — ensuring quality, traceability, and long-term sustainability."

Dr. Gayatri Tandon, another key speaker at the event, discussed strategies for:

Strengthening market linkages
Enhancing quality certification and branding
Integrating modern processing and packaging technologies

These strategies aim to increase competitiveness in both domestic and international markets.

Participation and Acknowledgment

The event saw participation from a diverse group, including farmers, FPOs, cooperatives, traders, and senior management of Sarveshwar Foods Limited. Mr. Anil Sharma, Managing Director, extended his gratitude to all participants for their valuable contributions to the initiative.

Company Profile

Sarveshwar Foods Limited is an ISO 22000:2018 and USFDA certified company, with additional certifications including BRC, Kosher, NPPO USA & CHINA, and NOP-USDA Organic for its products. The company specializes in manufacturing, trading, processing, and marketing branded and unbranded basmati and non-basmati rice in domestic and international markets.

Key Information	Details
Operations Base	Jammu Region (J&K), Gandhidham Region (Gujarat)
Legacy	Over 130 years in rice industry
Organic Brand	'NIMBARK'
Distribution Channels	Conventional, Own retail outlets, E-commerce ( www.nimbarkfoods.com , Amazon, Flipkart)
Stock Listing	NSE and BSE (First private sector food company from J&K to be listed)

This initiative by Sarveshwar Foods Limited demonstrates the company's commitment to strengthening the basmati rice ecosystem and boosting export competitiveness. By focusing on sustainable practices and improving farmer-market linkages, SFL is positioning itself to enhance its market presence while supporting the broader agricultural community.