ADF Foods Ltd

BSE: 519183 | NSE: ADFFOODS | ISIN: INE982B01019 
Market Cap: [Rs.Cr.] 98.89 | Face Value: [Rs.] 10
Industry: Food - Processing - Indian

Board Meet
  • 11-Aug-14

    • Adf Foods Ltd has informed BSE that the meeting of the Board of Directors of the Company is convened to be held on August 11, 2014, inter alia, to take on record the Un-audited Financial Results for the first quarter ended June 30, 2014. Further, as per the Code of Conduct of the Company under the SEBI (Prevention of Insider Trading) Regulations, 1992, the trading window for dealing in shares of the Company will remain closed with effect from August 04, 2014 to August 12, 2014 (both days inclusive). Adf Foods Ltd has informed BSE that in the Board Meeting held on August 11, 2014, M/s. Kalyaniwalla & Mistry, Chartered Accountants, have been appointed as the Joint Statutory Auditors of the Company for a term of 5 (Five) years from the date of ensuing Annual General Meeting to be held on September 24, 2014. The said appointment is subject to members' approval in the ensuing Annual General Meeting of the Company and the same shall be ratified by members' in every Annual General Meeting. (As Per BSE Announcement Dated on 25.08.2014)

  • 28-May-14

    • Dividend & Audited Results Adf Foods Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2014, inter alia, has recommended a dividend @ Re. 1.5/- per share subject to approval of the shareholders at the forthcoming Annual General Meeting. (As Per BSE Announcement Dated on 28.05.2014) Adf Foods Ltd has informed BSE that the Board at its meeting held on May 28, 2014 has recommended a dividend @ Re. 1.5/- per share subject to approval of the shareholders at the forthcoming Annual General Meeting. In Board's meeting held on August 11, 2014, the date of the ensuing Annual General Meeting is fixed as September 24, 2014. Accordingly, the Dividend payment date will be on or before October 20, 2014. (As per BSE Announcement dated on 11/08/2014)

  • 13-Feb-14

    • Quarterly Results

  • 12-Nov-13

    • Quarterly Results

  • 13-Aug-13

    • Quarterly Results

AGM
  • 24-Sep-14

    • AGM 24.09.2014 Adf Foods Ltd has informed BSE that the Board at its meeting held on May 28, 2014 has recommended a dividend @ Re. 1.5/- per share subject to approval of the shareholders at the forthcoming Annual General Meeting. In Board's meeting held on August 11, 2014, the date of the ensuing Annual General Meeting is fixed as September 24, 2014. Accordingly, the Dividend payment date will be on or before October 20, 2014. (As per BSE Announcement Dated on 11/08/2014) Adf Foods Ltd has informed BSE that in the Board Meeting held on August 11, 2014, M/s. Kalyaniwalla & Mistry, Chartered Accountants, have been appointed as the Joint Statutory Auditors of the Company for a term of 5 (Five) years from the date of ensuing Annual General Meeting to be held on September 24, 2014. The said appointment is subject to members' approval in the ensuing Annual General Meeting of the Company and the same shall be ratified by members' in every Annual General Meeting. (As Per BSE Announcement dated 25.08.2014) Adf Foods Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 13, 2014 to September 24, 2014 (both days inclusive) for the purpose of Payment of Final Dividend & 24th Annual General Meeting (AGM) of the Company to be held on September 24, 2014. The Final Dividend, if approved by the members at 24th Annual General Meeting of the Company, will be paid on or before October 20, 2014. (As Per BSE Announcement Dated 02.09.2014) Adf Foods Ltd has informed BSE that the 24th Annual General Meeting (AGM) of the Company was held on September 24, 2014. (As Per BSE Announcement Dated on 26.09.2014)

  • 31-Jul-13

    • Adf Foods Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2013, inter alia, has recommended a dividend @ Re. 1.5/- per share subject to approval of the shareholders at the forthcoming Annual General Meeting to be held on July 31, 2013. The Dividend payment date will be on or before August 27, 2013. Adf Foods Ltd has informed BSE that the 23rd Annual General Meeting (AGM) of the Company was held on July 31, 2013. (As per BSE Announcement Dated on 13.08.2013)

  • 08-Aug-12

    • Adf Foods Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2012, inter alia, has recommended a dividend @ Re. 1.5/- per share subject to approval of the shareholders at the forthcoming Annual General Meeting to be held on August 08, 2012. The Dividend payment date will be on or before September 03, 2012. Adf Foods Ltd has submitted to BSE a copy of the Minutes of 22nd Annual General Meeting (AGM) of the Company held on August 08, 2012. (As per the BSE PDF Dated on 23.08.2012)

  • 15-Jul-11

    • Adf Foods Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 16, 2011, inter alia, have decided to issue and allot 20,00,000 convertible warrants to Promoter Group on preferential basis, at a price of Rs. 65.00 which is not less than the price calculated in accordance with Chapter VII of the Securities and Exchange Board of India (issue of Capital and Disclosure Requirements) Regulations, 2009, subject to necessary approvals being obtained, including approval of the shareholders of the Company in the ensuing Annual General Meeting to be held on July 15, 2011. The Proposed issue is to augment funding requirements for capital expenditure for new projects, expansions, and potential acquisitions. The aforesaid proposed issue of warrants shall be in accordance with the SEBI (ICDR) Regulations, 2009. Further the Company has informed that the dividend payment date of the Company is fixed as on or before August 09, 2011. Adf Foods Ltd has informed BSE that the members at the 21st Annual General Meeting (AGM) of the Company held on July 15, 2011, inter alia, have approved the following: 1. Adoption of the audited Balance Sheet as on March 31, 2011 and the Profit & Loss Account for the year ended on that date, together with the Directors' and Auditor's Reports thereon. 2. Declaration of the payment of Final Dividend @ 15% (i.e. Re. 1.50/- per equity share of Its. 10/- each) for the year ended March 31, 2011 and the same be paid on 2,00,00,000 equity shares of Rs. 10/- each to those members, whose names appear on the Register of Members as on July 01, 2011. 3. Re-appointment of Mr. Bhavesh R. Thakkar, as a Director of the Company. 4. Re-appointment of Mr. Ravinder K. Jain, as a Director of the Company. 5. Re-appointment of Mr. Yasir Varawala, as a Director of the Company. 6. Re-appointment of M/s. D. P. Ghevaria & Co. Chartered Accountants, as Statutory Auditors of the Company for the financial year 2011-12 to hold office from conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting of the Company. 7. Appointment of Mr. Ramesh H Thakkar as a Chairman of the Company, for a period of three years from October 01, 2011, on remuneration, terms & conditions 8. Appointment of Mr. Ashok H Thakkar as a Vice Chairman of the Company, for a period of three years from October 01, 2011, on remuneration, terms & conditions 9. Appointment of Mr. Bimal R. Thakkar as a Managing Director of the Company, for a period of three yes from October 01, 2011, on remuneration, terms & conditions 10. Appointment of Mr. Bhavesh R Thakkar as an Executive Director of the Company, for a period of three years from October 01, 2011, on remuneration, terms & conditions. 11. To offer, issue and allot upto 20,00,000 (Twenty Lakh) warrants on preferential basis to the promoter group with each warrant convertible into one equity share of the Company of nominal value of Rs. 10/- each at a price of Rs. 65/- which includes a premium of Rs. 55/- per share, which price is not less than the price calculated in accordance with Chapter VII of SEBI ICDR Regulations for preferential allotment of equity shares/warrants and on such terms and conditions as may be decided and deemed appropriate by the Board at the time of issue or allotment. 12. Authorised on behalf of the Company to take all actions and do all such deeds, matters and things as it may, in its absolute discretion, deem necessary, desirable or expedient for the issue or allotment of aforesaid Securities, and also seek listing of the equity shares issued pursuant to conversion of the warrants with the stock exchange(s) and to resolve and settle all questions and difficulties that may arise in the proposed issue, offer and allotment of any of the said Securities, utilisation of the issue proceeds and to do all acts, deeds and things in connection therewith and incidental thereto as the Board in its absolute discretion deem fit, without being required to seek any further consent or approval of the Members or otherwise to the end and intent that they shall be deemed to have given their approval thereto expressly by the authority of this resolution. 13. Appointment of M/s. B S P & Co., Chartered Accountants, as the Joint statutory auditors of the Company together with M/s. D. P. Ghevaria & Co., Chartered Accountants, the retiring auditors of the Company to hold the office from the conclusion of the ensuing Annual General Meeting till the conclusion of the next Annual General Meeting of the Company. (As Per BSE Announcement Website dated on 03.08.2011)

  • 28-Jul-10

    • AGM 28/07/2010 Adf Foods Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on July 28, 2010, inter alia, have accorded the following: 1. Adoption of the audited Balance Sheet as at March 31, 2010 and the recast Profit and Loss Account for the year ended on that date, together with the Directors' and Auditors' Report thereon. 2. Declaration of Final Dividend @ 15% (i.e. Re 1.50/- per equity share of Rs 10/- each) for the year ended March 31, 2010. 3. Re-appointment of Mr. Viren Merchant & Mr. D E Udwadia, as Directors of the Company, liable to retire by rotation. 4. Appointment of M/s. D P Ghevaria & Co., and M/s. V P Thacker & Co., Chartered Accountants, as Joint Statutory Auditors of the Company, to hold office till the conclusion of the next Annual General Meeting of the Company on remuneration, terms and conditions. 5. Authority to the Board for acquisition of businesses and/or Companies and/or Assets and/or make investment in excess of the 60% of the aggregate of the paid-up share capital and free reserves and/or upto 100% of the aggregate of free reserves of the Company as per the limits prescribed under section 372A in India and/or abroad as the may in their absolute discretion deem beneficial and in the interest of the Company subject to the maximum aggregate amount not exceeding Rs. 150 crores (Rupees One Hundred and Fifty Crores Only) at any time together with the existing investments, subject to necessary provisions & approvals. (As Per BSE Announcement Dated on 27.08.2010)

EGM
  • 14-Nov-07

    • Adf Foods Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on November 14, 2007, inter alia, to transact the following business: 1. To increase the authorised share capital of the Company from Rs 16,00,00,000/- (Rupees Sixteen Crore) to Rs 25,00,00,000/- (Rupees Twenty Five Crore) divided into 2,50,00,000 equity shares of Rs 10/- (Rupees Ten) each & consequential amendments in the Memorandum of Association of the Company. 2. To alter by inserting new Articles 111A and 144A in the existing Articles of Association of the Company after the existing Articles 111 and 144 respectively. 3. To offer, issue and allot 26,50,000 equity shares to various strategic investors, namely (i) Schroder Credit Renaissance Fund Ltd 22,00,000 equity shares and (ii) Schroder Credit Renaissance Fund L.P 4,50,000 equity shares on preferential basis @ Rs 70/- per equity share which includes a premium of Rs 60/- per equity share, being a price not less than the SEBI floor price with respect to the relevant date i.e. the date 30 days prior to the date on which the general meeting of the shareholders will be held to consider the proposed issue, i accordance with the provisions of Chapter XIII on preferential issues of SEBI (Disclosure & Investor Protection) Guidelines, 2000 in this behalf, subject to necessary provisions & approvals. 4. To offer, issue & allot warrants to the promoters and their nominees on preferential basis which will be convertible at the option ofthe warrant holder into 15,00,000 equity shares to be paid at Rs 70/- each (including a premium of Rs 60/- per equity share), being a price not less than the SEBI floor price with respect to the relevant i.e. the date 30 days prior to the date on which the general meeting of the members will be held to consider the proposed issue, in accordance with the provisions of Chapter XIII on preferential issue of SEBI (Disclosure and Investor Protection) Guidelines, 2000 in this behalf, subject to necessary provisions & approvals. 5. For borrowing from time to time any sum or sums of money which together with the money already borrowed by the Company (apart from temporary loans obtained from the bankers of the Company in the ordinary course of business) shall not exceed in the aggregate at any one time Rs 200 crores irrespective of the fact that such aggregate amount of borrowing outstanding at any one time may exceed the aggregate for the time being of the paid up capital of the Company and its free reserves that is to say, reserves not set apart for any specific purpose, subject to necessary provisions & approvals. 6. To create, offer issue & allot in one or more tranches and in one or more private or preferential offerings, foreign currency bonds, debentures or warrants or any other instruments whether convertible or otherwise or such securities ("Securities"), of an aggregate, value of up to USD 12 million or its equivalent in any other foreign currency, to persons, whether or not an existing shareholders of the Company and on such terms & conditions as may be decided by the Board, from time to time, as deemed appropriate in the interest of the Company, subject to necessary provisions & approvals.

  • 30-Apr-07

    • Adf Foods Ltd has informed BSE that the shareholders of the Company at their Court Convened Meeting held on April 30, 2007, have approved the arrangement as embodied in the Scheme of Arrangement between Lustre Investment Pvt Ltd with the Company and their respective shareholders.

Futures & Options Quote
Future Data Not present
Key Information

Key Executives:

Ashok H Thakkar , Chairman

Nipun C Shah , Director

Yasir J Varawala , Director

Jay M Mehta , Director


Company Head Office / Quarters:

83/86 GIDC Industrial Estate,
,
Nadiad,
Gujarat-387001
Phone : Gujarat-91-0268-2551381/2 / Gujarat-
Fax : Gujarat-91-0268-2565068 / Gujarat-
E-mail : nadiadfactory@adf-foods.com
Web : http://www.adf-foods.com

Registrars:


 
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