Sarveshwar Foods Approves ₹84.55 Crore Preferential Warrant Issue

Board approved preferential issue of up to 22.25Cr convertible warrants at Rs 3.80 each, aggregating Rs 84.6Cr; 8Cr warrants to promoter Rohit Gupta. Adds to the company's recurring capital-raising model and working-capital funding dependence; promoter holding falls from 40.9% to 40.1% post-issue. Warrants convert into 22.25Cr shares within 18 months; 25% is payable upfront and 75% on conversion. Shareholder and statutory approvals remain pending. ESOP pool adds ~1% potential dilution.