ADF Foods Limited — Important, 17-04-2025: Disclosure of material issue

The company faces a critical situation as the Gujarat Pollution Control Board (GPCB) has issued directives to close operations at two plants in Nadiad for alleged violations of the Water (Prevention and Control of Pollution Act), 1974. The orders were received recently, mandating the closure of operations and electricity disconnection within 15 days. ADF Foods has emphasized its commitment to environmental compliance and is taking steps to appeal the GPCB's decisions, aiming for a swift resolution to the matter. The overall financial impact remains uncertain at this time, presenting potential risks for the company's operations and financial stability. Investors should watch closely, as the outcome of this situation could significantly influence the company’s operational capabilities and market position.