Sarveshwar Foods Appoints Gagandeep Singh Tuteja as Independent Director

2 min read     Updated on 31 Dec 2025, 02:59 PM
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Overview

Sarveshwar Foods Limited has appointed Mr. Gagandeep Singh Tuteja as Additional Director (Non-Executive & Independent) for a five-year term starting January 1, 2026. The appointment was approved by the Board of Directors on December 31, 2025, subject to shareholder approval. Mr. Tuteja brings over 25 years of experience in agro-processing and food engineering, with qualifications from IIT Kharagpur and IMT Ghaziabad, along with significant contributions to innovation in rice milling technology and sustainable agricultural solutions.

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Sarveshwar Foods Limited has announced the appointment of Mr. Gagandeep Singh Tuteja as Additional Director (Non-Executive & Independent) of the company. The Board of Directors approved this appointment through a circular resolution passed on December 31, 2025, based on the recommendation of the Nomination and Remuneration Committee.

Appointment Details

The key details of Mr. Tuteja's appointment are outlined below:

Parameter: Details
Director Identification Number: 02816913
Position: Additional Director (Non-Executive & Independent)
Term Duration: 5 consecutive years
Effective Date: January 1, 2026
Approval Status: Subject to shareholder approval
Retirement by Rotation: Not liable

The appointment is subject to approval by the members of the company and Mr. Tuteja will not be liable to retire by rotation during his tenure.

Professional Background

Mr. Gagandeep Singh Tuteja brings extensive expertise to the board with over 25 years of experience in agro-processing, rice milling technology, food engineering, and sustainable agricultural solutions. His educational qualifications include a Bachelor of Technology (Honours) in Agricultural & Food Engineering from the Indian Institute of Technology (IIT), Kharagpur (1995 batch), and a Post Graduate Diploma in Business Management from the Institute of Management Technology (IMT), Ghaziabad (2000 batch).

To enhance his entrepreneurial capabilities, Mr. Tuteja completed an Entrepreneurship Development Program at IIM Kashipur in 2018. His professional experience spans both national and international assignments, including serving as a Consultant to the Government of Sri Lanka under the Industrial Development Scheme for rice milling industry upgradation and working with the Small Scale Industrial Development Board of India on various industrial development initiatives.

Innovation and Research Contributions

Mr. Tuteja has demonstrated strong commitment to innovation through multiple research and development initiatives. His notable contributions include:

  • Design of a Seamless Vertical Bucket Elevator (patent applied)
  • Development of natural tempering techniques for rice grains that significantly reduce breakage
  • Design of advanced rice length graders with frequency-controlled speed systems
  • Design and manufacturing of Microwave Seed Dryers and Heat Pump-Based Seed Dryers under Government of India projects
  • Development of rotary drum dryers and grain storage silos for international agricultural institutions such as YAU-IARI, Myanmar

Independence and Relationships

As part of the regulatory disclosure requirements, Sarveshwar Foods Limited has confirmed that Mr. Gagandeep Singh Tuteja is not related to any existing director of the company. Additionally, he is not debarred from holding the office of director by virtue of any SEBI order or any other regulatory authority.

Regulatory Compliance

The appointment has been made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both the National Stock Exchange of India Limited and BSE Limited about this appointment, and the information has been uploaded on the company's website at www.sarveshwarfoods.com .

Historical Stock Returns for Sarveshwar Foods

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-1.63%-8.06%+1.20%-48.41%-43.05%+881.40%
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Sarveshwar Foods Receives Approval for ₹197.29 Crore Basmati Cluster Project in Jammu & Kashmir

1 min read     Updated on 16 Dec 2025, 06:57 PM
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Jubin VScanX News Team
Overview

Sarveshwar Foods Limited has received government approval for a basmati rice cluster project worth ₹197.29 crores in Jammu & Kashmir. This project represents an expansion of the company's food processing capabilities in the northern region. The initiative aims to leverage J&K's suitable climate and soil conditions for basmati cultivation and processing. This development aligns with government efforts to promote agricultural infrastructure and food processing industries in the area.

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Sarveshwar Foods Limited has received government approval for a basmati rice cluster project valued at ₹197.29 crores in Jammu & Kashmir. This development marks an expansion initiative for the food processing company in the northern region.

Project Overview

The approved basmati cluster project represents an investment in agricultural infrastructure and food processing capabilities. Key project details are outlined below:

Parameter Details
Project Value ₹197.29 crores
Location Jammu & Kashmir
Project Type Basmati Rice Cluster
Status Government Approval Received

Strategic Significance

The approval of this basmati cluster project may allow Sarveshwar Foods to address the demand for basmati rice. Jammu & Kashmir's climate and soil conditions are suitable for basmati cultivation and processing operations.

The project is expected to enhance the company's processing infrastructure and supply chain capabilities in the region. This development aligns with government initiatives to promote agricultural infrastructure and food processing industries in Jammu & Kashmir.

Company Profile

Sarveshwar Foods Limited operates in the FMCG sector and is classified as a small-cap company. The company focuses on food processing and has been expanding its operations in the food industry.

The government approval for this project may indicate confidence in the company's capabilities and its potential contribution to the regional agricultural economy.

Historical Stock Returns for Sarveshwar Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-1.63%-8.06%+1.20%-48.41%-43.05%+881.40%
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