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ADF Foods LimitedBoard Meeting, 14-02-2025: Outcome of Board Meeting

14-02-2025 | 08:42 pm

The Board of Directors of ADF Foods Limited has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The consolidated revenue from operations stood at ₹34,377.38 Cr, up from ₹28,515.37 Cr the previous year, demonstrating strong revenue growth. Additionally, the Board sanctioned an investment of up to USD 2.5 million in ADF Foods (UK) Limited through optionally convertible preference shares, with funds to be downstreamed to ADF Holdings (USA) Limited to support further operations.

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