Sarveshwar Foods shares jumped more than 8% in early trade after the company announced strategic partnerships with NBFCs to extend financial support to its associated farmers.
In the recent exchange filing, the company shared, “Sarveshwar Food Limited, an emerging player in the agri-food sector based in Jammu, is pleased to announce that it has initiated strategic partnerships with certain Non-Banking Financial Companies (NBFCs) to enhance financial support for farmers—who are the backbone of the company’s supply chain—and drive improvements within the agricultural sector.”
These new partnerships aim to provide vital financial resources, allowing farmers to invest in advanced agricultural methods and infrastructure. Sarveshwar Food Limited aims to strengthen the agricultural ecosystem and ensure the stability and expansion of its supply chain through these partnerships.
As of 10:22 am, Sarveshwar Foods shares were trading 8.47% higher at Rs 10.50 on the NSE.
