Description
Rights issue offering 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 with record date of August 22, 2025. The company is offering 12 equity shares of Re. 1/- each at a premium of Rs. 5/- per share for every 47 equity shares held by existing shareholders.
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
- Payment: Full amount payable at application
- Trading on ex-rights basis from August 22, 2025
Regulatory Changes
No regulatory changes announced. This is a standard corporate action under existing rights issue regulations.
Compliance Requirements
- Trading members must ensure transactions are conducted on ex-rights basis from August 22, 2025
- Settlement number: DR-700/2025-2026
- Entire issue price of Rs. 6/- per share must be paid at time of application
Important Dates
- Record Date: August 22, 2025
- Ex-Rights Trading Date: August 22, 2025
- Settlement Number: DR-700/2025-2026
Impact Assessment
This rights issue will dilute existing shareholding for non-participating shareholders. The relatively high rights ratio (12:47 or approximately 1:4) indicates significant capital raising. Trading members need to adjust their systems for ex-rights trading from the record date.
Impact Justification
Rights issue affects existing shareholders with specific ratio and pricing, requiring ex-rights trading from record date