About Sarveshwar Foods Limited

Sarveshwar Foods Limited is a leading processor, marketer, and distributor of branded and unbranded Basmati and non-Basmati rice, headquartered in Jammu, Union Territory of Jammu & Kashmir. With a legacy of over 13 decades, the company has evolved into a household name in both domestic and international rice markets. Its product portfolio spans white raw, steam, broken, brown, and parboiled rice, alongside an expanding organic range marketed under the “Nimbark” brand, which also covers cereals, pulses, spices, and oils.

The company has built a strong market presence through more than 75 distributors and over 45,000 retailers across India, while also reaching consumers in more than 25 countries. Sarveshwar operates with over 350 MTPD of processing and packaging capacity, approximately 5 lakh sq. ft. of warehousing space, and a network of over 14,000 farmers. Products are marketed through both traditional channels and modern platforms, including its own e-commerce site as well as leading online marketplaces.

A key milestone was the transition from NSE Emerge to the main boards of NSE and BSE in December 2022, underlining its steady growth and improved visibility in the capital markets. Another highlight has been the strengthening of its regional identity through GI-tagged, region-specific rice offerings. As of March 31, 2025, the company had four subsidiaries.

Sarveshwar Foods Limited’s Business Segments

The company operates primarily in the food processing sector with a focus on rice and allied organic products. Segmental revenue break-ups are not separately disclosed in the annual report.

Sarveshwar Foods Limited’s Key Management

• Mr. Rohit Gupta – Chairman

• Mr. Anil Kumar – Managing Director

• Mr. Mahadeep Singh Jamwal – Executive Director

• Ms. Seema Rani – Whole-Time Director

• Dr. Uttar Kumar Padha – Independent Director

• Mr. Mubarak Singh – Independent Director

• Mr. Adarsh Kumar Padha – Independent Director

• Mr. Pradeep Kumar Sharma – Independent Director

• Mr. Kamal Kishore Sharma – Independent Director

• Mr. Anand Sharda – Chief Financial Officer

• Ms. Sadhvi Sharma – Company Secretary & Compliance Officer

Latest Updates on Sarveshwar Foods Limited

• Acquisition: Completed acquisition of the remaining stake in Natural Global Foods DMCC on January 30, 2025, making it a wholly owned subsidiary to strengthen Middle East, Africa, and Europe operations.

• Corporate Office Relocation: Shifted corporate office in December 2024 to B-612, Wing B, Kanakia Wall Street, Andheri East, Mumbai – 400059.

• Leadership: Appointed Mr. Mansoor Khan as Deputy CEO on March 29, 2025, to enhance export market presence and operational delivery.

• Capital Structure: Increased authorised share capital from Rs 1,20,00,00,000 to Rs 1,60,00,00,000, approved on May 20, 2025, and ratified by shareholders on June 21, 2025.

• Rights Issue: Approved on August 11, 2025, for up to 24,99,10,469 equity shares at Rs 6 per share (including Rs 5 premium) in a ratio of 12:47. The issue opens on September 2, 2025, and closes on September 16, 2025.

• Fund-Raising: Allotted fully convertible warrants worth Rs 98,94,00,000 on July 25, 2024, with 25% received on allotment to boost liquidity.

• Senior Changes: Resignation of Executive Director Harbans Lal on August 4, 2025, and resignation of CFO/COO Vishal Narchal on August 5, 2025. Appointment of Mr. Anand Sharda as CFO on August 11, 2025.

• Certifications and Partnerships: Secured certifications including GFSI (via Costco Wholesale, USA), HACCP (BSI), BRC, ISO 22000:2018, USFDA, Kosher, NPPO, and NOP organic. Entered a partnership with Boomitra to support regenerative agriculture.

• Operations Footprint: Maintains certified processing units in Jammu & Kashmir and strengthened farmer engagement across Jammu & Kashmir, Punjab, Haryana, and Uttar Pradesh. GI tagging of region-specific rice enhanced brand recognition.