This FMCG company approves increase in authorised capital - Details here

Jammu-based food processing company Sarveshwar Foods has informed exchanges that its board has approved a proposal for increasing the authorised capital of the company. The company said that the board has approved an increase in authorised capital from Rs 120,00,00,000 to Rs 160,00,00,000. The board has also approved the alteration of the Memorandum of Association to substitute the existing Clause V with the new Clause V, subject to approval of members.

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