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Sarveshwar Foods gains as its arm inks pact with Indian Rice Exporters Federation

The proposed procurement includes 40,000 Metric Tons of Indian Parboiled Rice and 10,000 Metric Tons of Indian White Rice

Sarveshwar Foods is currently trading at Rs. 5.10, up by 0.03 points or 0.59% from its previous closing of Rs. 5.07 on the BSE.

The scrip opened at Rs. 5.09 and has touched a high and low of Rs. 5.30 and Rs. 5.06 respectively. So far 352134 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 11.25 on 11-Dec-2024 and a 52 week low of Rs. 5.02 on 04-Nov-2025.

Last one week high and low of the scrip stood at Rs. 5.28 and Rs. 5.02 respectively. The current market cap of the company is Rs. 629.11 crore.

The promoters holding in the company stood at 40.97%, while Institutions and Non-Institutions held 0.39% and 58.64% respectively.

Sarveshwar Foods’ subsidiary -- Green Point Pte., Singapore, has signed a Memorandum of Understanding (MoU) with Indian Rice Exporters Federation (IREF). Under this MoU, both parties have expressed their intent to explore potential commercial arrangements for the procurement and export of 50,000 metric tons of Indian rice million, valued at around $19.8 million (Rs 173.9 crore) on a CFR basis. The proposed procurement includes 40,000 Metric Tons of Indian Parboiled Rice and 10,000 Metric Tons of Indian White Rice. 

The shipments are intended for key global destinations including UAE, Saudi Arabia, Iraq, USA, Cote d’lvoire, China, UK, Benin, South Africa, Senegal, Kenya, Cameroon, and the Netherlands, highlighting the growing international demand for high-quality Indian rice.

Sarveshwar Foods is engaged in the business of processing and marketing of branded and un-branded basmati and non-basmati rice in the domestic and international markets.