ADF Foods Limited — JV/Acquisition, 14-05-2025: Acquisition

ADF Foods has announced a board meeting on investing Rs 9 Cr in its wholly owned subsidiary Telluric Foods (India) Limited through Optionally Convertible Redeemable Preference Shares. This injection will support its step-down subsidiary Telluric Foods Limited, which drives food product sales via e-commerce, focusing on brand building and working capital for FY26. The move enhances ADF Foods’ backend services and infrastructure, positioning the company for stronger growth in its food business segment.