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 |
|---|---|
| Varun Beverages | 474.05 |
| Nestle | 1285.65 |
| Britannia Inds | 5733.75 |
| LT Foods | 422.10 |
| Hatsun Agro Product | 979.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: