A Oneindia Venture

FMCG Stock In Focus As Board Eyes Fresh Capital, Financial Results, CFO Pick On Aug 11

On Thursday, shares of Sarveshwar Foods Ltd were trading lower as the company announced that its Board of Directors is set to meet on Monday, 11 August 2025, in order to consider a number of important strategic steps.

FMCG Stock In Focus As Board Eyes Fresh Capital  Financial Results  CFO Pick On Aug 11

"We hereby inform you that a meeting of the Board of Directors of Sarveshwar Foods Limited ("the Company") is scheduled to be held on Monday, August 11, 2025, to inter-alia, consider and approve 1. The proposal for raising of funds by issue of equity shares and/or convertibles securities or any other securities of the company through rights issue and/or preferential issue and/or qualified institutions placement as may be permitted under applicable law, subject to receipt of regulatory/statutory approvals, as may be required. 2. To consider the appointment of Mr. Anand Sharda, a Chartered Accountant by profession, as the Chief Financial Officer (CFO) of the Company. Mr. Sharda brings with him over 19 years of extensive experience in financial management, strategic planning, and corporate finance. He has previously held key positions in reputed organizations such as Parag Milk Foods Limited, RBL Bank Limited, DCB Bank Limited, and Publicis Groupe, among others. His deep financial expertise is expected to play a pivotal role in driving the Company's financial stability and strategic growth initiatives. 3. To consider, approve and take on record the Unaudited Standalone and consolidated Financial Results of the Company for the quarter ended June 30, 2025 and other agenda matters," said Sarveshwar Foods in a stock exchange filing on Wednesday.

Sarveshwar Foods has a strong track record of profit growth with 36.3 per cent CAGR in the last five years, along with a current market capitalization of more than Rs 790 crore, and the bold position that Mr Rajat Singhal is espousing puts even further wind underneath investor confidence.

Sarveshwar Foods is an established & reputed agri-food company focusing on branded & unbranded basmati and non-basmati rice, founded with a legacy of over 130 years is USFDA certified (US Food & Drug Administration) and is ISO-certified. Headquartered in Jammu & Kashmir and operating in Gujarat, the company has expanded its product profile to organic and FMCG products under the brand name "NIMBARK" procured from the virgin Himalayan foothills. It has a hybrid sales model that includes traditional distribution, exclusive retail stores, and e-commerce.

The share price of Sarveshwar Foods fluctuated on August 7, 2025, falling slightly lower for the majority of the day before gaining some ground. Long-term performance-wise, the stock has been a "multibagger," yielding remarkable gains of more than 600% during the previous five years.

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