Description

Record date fixed for rights issue of 12 equity shares for every 47 shares held at Rs. 6 per share.

Summary

SARVESHWAR FOODS LIMITED has announced a rights issue with record date set for August 22, 2025. The company will issue 12 equity shares of Re. 1/- each at a premium of Rs. 5/- per share for every 47 existing equity shares held.

Key Points

  • Rights ratio: 12 new shares for every 47 existing shares held
  • Issue price: Rs. 6/- per share (Re. 1/- face value + Rs. 5/- premium)
  • Full payment required at application time
  • Trading on ex-rights basis from August 22, 2025

Regulatory Changes

No regulatory changes - standard rights issue procedure.

Compliance Requirements

  • Trading members must execute transactions on ex-rights basis from the specified date
  • Full issue price of Rs. 6/- per share must be paid at application time

Important Dates

  • Record Date: August 22, 2025
  • Ex-Rights Trading Date: August 22, 2025
  • Settlement Number: DR-700/2025-2026

Impact Assessment

The rights issue will dilute existing shareholding but provides existing shareholders the opportunity to maintain their proportional ownership. Trading will be affected as shares will trade ex-rights from the record date, potentially impacting share price and volume.

Impact Justification

Rights issue affects existing shareholders and trading patterns for the specific stock