Sarveshwar Foods completes rights issue, allots over 249m shares

Sarveshwar Foods Limited's Rights Issue Committee approved the allotment of 249,910,469 fully paid-up equity shares at 6 rupees per share, including a premium of 5 rupees. The allotment was made in a 12:47 ratio for every 47 shares held as of the record date, Friday, August 22, 2025. This follows the board of directors' approval on August 11, 2025, for issuing equity shares to existing shareholders.

The allotment increases the company's paid-up equity share capital from 97,88,16,000 shares to 1,22,87,26,469 shares. The allotment was made under the terms of the letter of offer dated August 21, 2025, and the "basis of allotment" finalized in consultation with Bigshare Services Private Limited, the registrar to the issue.

The Bombay Stock Exchange of India Limited, as the designated stock exchange, approved the "basis of allotment." The committee meeting concluded on September 17, 2025.