Sarveshwar Foods has received approval to acquire 100% Ordinary shares and business of Green Point. The acquisition is of strategic nature and it will provide international presence and attract investors and strategic partners to bring relevant experience for the growth and expansion of Business. The acquisition shall be done on or before March 20, 2024. Cost of acquisition is $40,000. The Board of Directors of the Company at their meeting held on February 10, 2024, has approved the same.
Sarveshwar Foods is engaged in the business of processing and marketing of branded and un-branded basmati and non-basmati rice in the domestic and international markets.
