ADF Foods has received approval for acquisition of additional shares in Telluric Foods (India) (TFIL), wholly owned subsidiary of the company by way of further investment of up to Rs 9 crore, in one or more tranches, in Optionally Convertible Redeemable Preference Shares (OCRPS) of TFIL.
The objective of acquisition is to support the brand building and working capital requirement of the operating subsidiary i.e. Telluric Foods for FY 2025-26. The Board of Directors of the Company, in the Board Meeting held on May 14, 2025, has approved the same.
ADF Foods is a leading global food manufacturing company and distributor with a presence in many countries.
| 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: