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Sarveshwar Foods Ltd. ( (IN:SARVESHWAR) ) just unveiled an announcement.
Sarveshwar Foods Limited has announced the approval of a rights issue, which involves the allotment of approximately 24.99 crore equity shares to existing shareholders. This move is expected to increase the company’s paid-up equity share capital significantly, enhancing its financial structure and potentially strengthening its market position.
More about Sarveshwar Foods Ltd.
Sarveshwar Foods Limited is a company operating in the food industry, primarily focusing on the production and distribution of rice and related food products. The company is based in Jammu, Jammu & Kashmir, and is listed on the National Stock Exchange of India.
Average Trading Volume: 1,029,916
Technical Sentiment Signal: Buy
Current Market Cap: 9.44B INR
For a thorough assessment of SARVESHWAR stock, go to TipRanks’ Stock Analysis page.