Sarveshwar Foods Limited (SARVESHWAR) — Board Meeting

📢 Key Event
Monitoring Agency Report confirms rights issue compliance

🔄 What Changed
Rs.18.06 crore utilized for working capital and Rs.0.07 crore for general corporate purposes in Q1 FY26

🔮 What's Next
Unutilized proceeds to be deployed toward stated objects in subsequent fiscal years per offer document

💡 Investor Takeaway
Proceeds were used as disclosed, with no material deviations, ensuring capital efficiency and regulatory compliance

Sarveshwar Foods Limited disclosed its Monitoring Agency Report for the quarter ended March 31, 2026, confirming compliance with SEBI regulations regarding the Rs.149.95 crore rights issue. The report verifies that proceeds were utilized as per the offer document, with Rs.18.06 crore allocated to working capital and Rs.0.07 crore to general corporate purposes, while the remaining funds remain unutilized but earmarked for future growth. The company transferred proceeds to a monitoring account before deployment, and the statutory auditor validated all utilization without material deviations.

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