Sarveshwar Foods rights issue opens today. Date, price, other details you MUST know

Date:

- Advertisement -


Stock Market Today: Sarveshwar Foods rights issue opened today, September 2. The penny stock was trading higher in trade amid the launch of its rights issue. The stock below 10 hit a high of 7.99 in intraday deals.

Here are the date, price and other details about the rights issue of this penny stock that investors must know before deciding to subscribe to the issue.

Sarveshwar Foods rights issue: Key details

Sarveshwar Foods rights issue price: The Sarveshwar rights issue price has been set at 6 per share. The rights issue price of 6 is at a discount to the last closing price of Sarveshwar Foods shares of 7.7.

Sarveshwar Foods rights issue size: The issue size for Sarveshwar Foods is 24,99,10,469 equity shares. The shares of face value of 1 each have an issue price of 6. The company plans to raise 149.95 crore via the rights issue.

Sarveshwar Foods rights issue date: Sarveshwar Foods rights issue opens for subscription on September 2, 2025, while the offer period ends on September 16, 2025.

Sarveshwar Foods rights issue entitlement: The rights issue entitlement for shareholders is 12 shares of Sarveshwar Foods for every 47 shares held by the shareholders.

Sarveshwar Foods rights issue record date: The record date for identifying the list of shareholders of Sarveshwar Foods who can apply for the issue stood as August 22, 2025. The investors who wished to participate in the rights issue had to buy shares of Sarveshwar Foods by August 21.

Sarveshwar Foods’ credit of rights issue entitlements was made on August 25, 2025.

Sarveshwar Foods rights issue terms of payment: The entire issue price will be payable at the time of making the application for the rights issue.

Sarveshwar Foods financials: Sarveshwar Foods’ sales increased by 30% and profit after tax (net profit) increased by 62% during the fiscal year ended March 31, 2025, compared to the fiscal year ended March 31, 2024.

Sarveshwar Foods rights issue objectives: The net proceeds of the Rights Issue will be utilized to fund the company’s current and incremental working capital requirements, as well as for other purposes.

About Sarveshwar Foods

Sarveshwar Foods Limited (SFL) is an FDA (United States Food and Drug Administration)-certified company. SFL’s goods are also certified by BRC (the largest worldwide food safety standard), Kosher, NPPO USA and CHINA, and NOP-USDA Organic.

Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.



Source link

- Advertisement -

Top Selling Gadgets

LEAVE A REPLY

Please enter your comment!
Please enter your name here

5 − five =

Share post:

Subscribe

Popular

More like this
Related

Top Selling Gadgets