StockWatch
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Other Agricultural Products
Board Meeting5 Sept 2026, 10:40 pm

Sarveshwar Foods to raise ₹84.55 Cr via Warrants, approves ESOP

AI Summary

Sarveshwar Foods Ltd announced a board meeting outcome on September 5, 2026. The company approved a preferential issue of up to 22,25,00,000 fully convertible warrants at ₹3.80 each, aiming to raise ₹84.55 crore for long-term financial resources. The issue is open to promoter and public categories, subject to shareholder and statutory approvals. Additionally, the board approved the introduction of the 'Sarveshwar Foods Limited – Employees Stock Option Scheme 2026' (SFL-ESOS 2026), subject to member and other necessary approvals. The company also approved the Annual Report, Corporate Governance Report, and re-appointments of directors retiring by rotation.

Key Highlights

  • Board approved preferential issue of convertible warrants to raise ₹84.55 crore.
  • Warrants to be issued at ₹3.80 each to promoters and public.
  • Company approved the 'Sarveshwar Foods Limited – Employees Stock Option Scheme 2026'.
  • Annual Report and Corporate Governance Report approved.
  • Re-appointment of directors approved, subject to shareholder consent.