ADF Foods Limited — Others, 05-02-2025: Disclosure under SEBI Takeover Regulations

Prisha Bhavesh Thakkar has announced a board meeting to discuss the inter-se transfer of 10,00,000 equity shares of ADF Foods Limited from Krish Bhavesh Thakkar as a gift. This transaction, which represents 0.91% of the company's diluted share capital, is exempt from the open offer requirement as per SEBI regulations. Post-transaction, Prisha's shareholding increases; however, it does not significantly alter the overall promoter share structure. This transfer may enhance familial control within the company and reflects a strategic alignment among promoters, potentially fostering investor confidence through stable management continuity.