Date: November 13, 2026
Board Meeting Outcomes
- The Board of Directors at its meeting held on Friday, November 13, 2026 approved the incorporation of a company in the Netherlands
- The new entity will be a wholly owned subsidiary of Sarveshwar Foods Limited with the Company holding 100% of its shareholding
Disinvestment / Strategic Actions
- Nature of Action: Incorporation of new wholly owned subsidiary
- Country of Incorporation: Netherlands
- Shareholding Structure: Sarveshwar Foods Limited will own 100% shareholding
- Consideration: Subscription to share capital will be in cash
- Current Status: Entity is yet to be incorporated
- Name: To be approved by relevant authorities
- Industry/Business: To be ascertained (currently not applicable as entity is yet to be incorporated)
- Governmental Approvals: Not applicable except approval of competent authority, if required
- Regulatory Classification: The subsidiary will become a related party in terms of applicable regulations