Description
Rights issue of 12 equity shares for every 47 shares held at Rs. 6/- per share with record date August 22, 2025.
Summary
Sarveshwar Foods Limited (Code: 543688) has announced a rights issue offering 12 equity shares of Re. 1/- each for every 47 equity shares held. The shares are offered at a premium of Rs. 5/- per share, making the total issue price Rs. 6/- per share.
Key Points
- Rights ratio: 12 new shares for every 47 existing shares held
- Face value: Re. 1/- per share
- Premium: Rs. 5/- per share
- Total issue price: Rs. 6/- per share
- Full payment required at application
- Ex-rights trading begins August 22, 2025
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must execute transactions on ex-rights basis from August 22, 2025
- Shareholders must pay entire issue price of Rs. 6/- per share at time of application
- Rights entitlement based on shareholding as of record date
Important Dates
- Record Date: August 22, 2025
- Ex-Rights Date: August 22, 2025
- Settlement Number: DR-700/2025-2026
Impact Assessment
This rights issue will dilute existing shareholding for those who do not participate while providing capital infusion for the company. The rights ratio of 12:47 represents approximately 25.5% dilution. Trading members need to adjust their systems for ex-rights trading from the specified date.
Impact Justification
Standard rights issue affecting existing shareholders with specific record date and pricing