ADF Foods has received approval from board of directors to acquire additional shares in ADF Foods (India), Wholly Owned Subsidiary of the Company, by way further investment of Rs 50,00,000 in 5,00,000 equity shares having face value Rs 10 each, considering the business requirement of the said subsidiary.
ADF Foods (India) has been incorporated to carry on the business of buying, selling, manufacturing, importing, exporting, marketing, prepare for marketing and dealing in food specialties. The Board of Directors, at its meeting held on October 31, 2023, inter alia considered and approved the same.
ADF Foods manufactures and processes a wide range of canned, bottled and processed vegetables fruits and foods for the export and domestic markets.
Company Name | CMP |
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Nestle | 2355.45 |
Britannia Inds | 5162.75 |
Varun Beverages | 1425.55 |
Marico | 595.45 |
Hatsun Agro Product | 1016.35 |
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