Investment20 May 2025, 04:56 pm
Sarveshwar Foods Proposes to Increase Authorised Share Capital to Rs. 160 Crores
AI Summary
Sarveshwar Foods Limited has proposed to increase its authorised share capital from Rs. 120 crores to Rs. 160 crores, subject to the approval of shareholders. The decision was made in a board meeting held on May 20, 2025. The company also approved the alteration of its Memorandum of Association and the Postal Ballot Notice. The meeting commenced at 3:00 P.M. and concluded at 3:45 P.M. The company's registered office is located at Sarveshwar House, Below Gumat, Jammu, (J&K) — 180001, India.
Key Highlights
- Sarveshwar Foods proposes to increase its authorised share capital by Rs. 40 crores
- The proposed increase in share capital is subject to shareholders' approval
- The company also approved the alteration of its Memorandum of Association
- A Postal Ballot Notice has been approved
- The decision was made in a board meeting held on May 20, 2025