Summary
Sarveshwar Foods Limited was originally incorporated as a private limited company in the name of Sarveshwar Overseas Private Limited on August 3, 2004. Fresh Certificate of Incorporation dated April 13, 2010 was issued to the Company pursuant to change of name of the Company to Sarveshwar Organic Foods Private Limited. Subsequently, fresh Certificate of Incorporation consequent upon change of name on conversion to Public Limited Company dated June 29, 2010. Further, the name of the Company was changed to Sarveshwar Foods Limited on June 29, 2015.The Company, in the year 2010 acquired the business and assets excluding land and building due to Article 370 of the Indian Constitution which grants special autonomous status to the state of Jammu and Kashmir, of M/s. Nimbark Rice Mills, proprietorship firm of Ms. Radha Rani Gupta. The firm was valued at book value to an aggregate of Rs. 4.46 million. As regards to use of Land and Building, the Company has been granted a right to use the Land and Building for a period of five (5) years which was valued at Rs. 2.10 million, post which the Company was required to pay monthly rent for use of the same. The Company is now paying a monthly rent of Rs. 0.25 million to Ms. Radha Rani Gupta for useage of the Land and Building which is currently being used as a warehousing facility.Further in the year 2013, the company acquired the assets and liabilities of M/s. Sarveshwar Overseas, sole Proprietorship firm of the Promoter, Mr. Rohit Gupta... Read More
Reports by Sarveshwar Foods Ltd
Reports by Sarveshwar Foods Ltd
+91-9892691696
