- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
ADF Foods Limited has confirmed that there is no deviation in the utilization of funds raised through the Preferential Issue of Convertible Warrants for the quarter ended December 31, 2024. The total amount raised was ₹5,294.25 crore, which has been allocated for the company’s capital expenditure, inorganic growth, and general corporate purposes, with ₹4,592.33 crore utilized as planned. This accurate reporting indicates strong governance and effective fund management, which may enhance investor confidence going forward, reflecting a positive outlook for the company's financial health and operational strategy.