ADF Foods Ltd
NSE: ADFFOODS BSE: 519183
₹174.43
(-1.71%)
Mon, 30 Mar 2026, 07:05 am
Market Cap19.16B
PE Ratio23.82
Dividend0.69
Company History
1990
- The Company was incorporated as a private limited company on 27th August.
- The Company was promoted by Hariram Mewawala, Ramesh Thakkar, and Kishore Thakkar.
- The Company undertook to set up a plant at GIDC Industrial Estate Nadiad, Gujarat.
1994
- The Company undertook to set up facilities at Nasik for manufacture of Masala and ground spices.
- A modernisation programme was undertaken on the existing facilities at Nadiad.
- The Company issued equity shares to Indian financial institutions, mutual funds, and corporate entities.
- The Company issued warrants to promoters.
1995
- The capacity at Nadiad plant was expanded to 19,900 TPA.
- The Company issued equity shares to Indian residents, directors, friends, relatives, employees, and the public.
- Additional shares were allotted to retain oversubscription.
1996
- The Company's overall performance resulted in a loss due to spoilage of raw materials.
- The domestic division's sales dropped due to stiff competition and change in sales policy.
2003
- The Company set up an Export Oriented Unit at Nadiad for manufacturing and processing of frozen food products.
2005
- Adf Foods Ltd entered into an MOU with M/s American Dry Fruits Stores for usage of its brands.
2006
- Adf Foods Ltd recommended a dividend at 10%.
2007
- Adf Foods Ltd recommended a final dividend at 10% and total dividend at 20%.
2008
- Mr. Ravinder Kumar Jain was appointed as an Additional Director of the company.
- Adf Foods Ltd recommended a final dividend at 10%.
2009
- Adf Foods Ltd recommended a dividend of 15%.
- Company incorporated a wholly-owned subsidiary, ADF Foods (India) Ltd.
2010
- Company's wholly-owned subsidiary, ADF Foods (India) Ltd, received the Certificate of Commencement of Business.
- ADF Foods Ltd completed the acquisition of Elena's Food Specialties, Inc.
2011
- ADF Foods Ltd recommended a dividend at Re. 1.5 per share.
2012
- Adf Foods Ltd recommended a dividend at Re. 1.5 per share.
- Mr. Nishikant Bapat was appointed as Executive Vice-President of the Company.
2013
- Adf Foods Ltd recommended a dividend at Re. 1.5 per share.
2014
- Adf Foods Ltd recommended a dividend at Re. 1.5 per share.
2021
- ADF Foods bagged exclusive distribution rights of Patanjali products across Western Europe and UK.
2022
- The Company split its face value from Rs. 10 to Rs. 2.
2023
- Company approved acquisition of additional shares in Telluric Foods (India) Limited, Wholly Owned Subsidiary of the Company.
2024
- The Company approved acquisition of remaining 30% stake from the minority members of Vibrant Foods New Jersey LLC.
2025
- The Company acquired additional shares in the wholly owned subsidiary of the Company, Telluric Foods (India) Limited.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800