tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sarveshwar Foods Confirms Proper Utilization of Rights Issue Funds

Story Highlights
Sarveshwar Foods Confirms Proper Utilization of Rights Issue Funds

TipRanks Cyber Monday Sale

An announcement from Sarveshwar Foods Ltd. ( (IN:SARVESHWAR) ) is now available.

Sarveshwar Foods Limited announced that there is no deviation or variation in the utilization of funds raised through its recent rights issue, as confirmed by the company’s audit committee. This assurance of proper fund utilization underscores the company’s commitment to transparency and adherence to regulatory requirements, potentially strengthening stakeholder confidence and supporting its strategic financial management.

More about Sarveshwar Foods Ltd.

Sarveshwar Foods Limited operates in the food industry, primarily focusing on the production and distribution of rice and related products. The company is based in Jammu, India, and is known for its emphasis on quality and market presence in both domestic and international markets.

Average Trading Volume: 1,102,932

Technical Sentiment Signal: Sell

Current Market Cap: 6.18B INR

For an in-depth examination of SARVESHWAR stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1