Sarveshwar Foods Limited has informed the stock exchanges about the outcome of its Board meeting held on Tuesday, December 16, 2025. The Board approved the acquisition of 100% equity share capital of Himalayan Ancient Foods Private Limited, following which the entity will become a wholly owned subsidiary of Sarveshwar Foods Limited. According to the disclosure, Himalayan Ancient Foods Private Limited will be used as a Special Purpose Vehicle (SPV) for undertaking, executing and implementing the Holistic Agriculture Development Programme (HADP) project, along with allied and incidental activities.
Himalayan Ancient Foods Private Limited is a private limited company incorporated on February 5, 2015, under the Companies Act, 2013, with its registered office at Bari Brahmana, Jammu & Kashmir, India. As per the financial statements for the year ended March 31, 2025, the company has a paid-up equity share capital of ₹1,00,000 and reported nil turnover.
The acquisition is classified as a related party transaction due to common directorship and promoter interest between Sarveshwar Foods Limited and Himalayan Ancient Foods Private Limited. The company stated that the transaction has been carried out on an arm’s length basis and has been approved by the Audit Committee and the Board of Directors, in line with the provisions of the Companies Act, 2013 and SEBI LODR Regulations.
The consideration for the acquisition is in cash. Sarveshwar Foods Limited will acquire 1,000 equity shares of Himalayan Ancient Foods Private Limited at a face value of ₹100 per share, amounting to a total consideration of ₹1,00,000. Post-acquisition, Sarveshwar Foods Limited will hold 100% of the paid-up equity share capital of the entity.
The company has stated that no governmental or regulatory approvals are required for the acquisition. The transaction is expected to be completed within a mutually agreed timeframe, subject to completion of customary formalities.
Separately, the Board also approved the execution of the Share Transfer Deed in Form SH-4 and related documentation required to give effect to the transfer and registration of shares.