ADF FOODS LTD.-$ - 519183 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
This is to inform you that ADF Foods Limited through its representatives will be participating on August 10, 2022 in an Investor Conference organized by 'Emkay Confluence'' at Mumbai. Participants list is enclosed. You are requested to the take the above on your records. ADF FOODS LTD.-$ - 519183 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sixth Sense India Opportunities III ADF FOODS LTD.-$ - 519183 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
This is to inform your good-self that in compliance with Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith list of our Shareholder who has been issued duplicate share certificate. We request you to take the above information on record. ADF FOODS LTD.-$ - 519183 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Pursuant to Regulation 30 and 46 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we attach herewith a copy of the transcript of Earnings Conference Call held on Friday, July 29, 2022. The same is also available on the website of the Company at www.adf-foods.com. This is for your information and records. ADF FOODS LTD.-$ - 519183 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies of the Unaudited Financial Results of the Company for the First Quarter ended June 30, 2022 published in "Western Times" - Ahmedabad Edition (English & Gujarati) Newspapers on July 30, 2022. You are requested to kindly take the above disclosure on record. ADF FOODS LTD.-$ - 519183 - Audio Recording Of Q1 FY23 Earnings Conference Call.
Pursuant to Regulation 30 and 46 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the aforesaid Earnings Conference Call is hosted on the website of the Company under the following link: https://adf-foods.com/wp-content/uploads/2022/07/LII2520220729142531.mp3 This is for your information and records. ADF FOODS LTD.-$ - 519183 - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
This has reference to the outcome of the Board Meeting held on July 28, 2022 submitted yesterday. The said outcome inter-alia informed about the Board's decision for making a strategic investment of USD 1 Million in a US based entity called Naansense Operating LLC and/or its affiliates engaged in the business of Ethnic Indian Food Quick Service Restaurants and Fast Casual Dining Restaurants. The details as required under Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 were provided as 'Annexure A' to the said outcome. The same is submitted again pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. You are requested to take the same on record. ADF FOODS LTD.-$ - 519183 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the intimation received from our Registrar and Share Transfer Agent - Link Intime India Pvt. Ltd., providing information regarding loss of share certificate by shareholder. We request you to take the above information on record. Q1FY23 Quarterly Result Announced for ADF Foods Ltd.
ADF Foods Announced Q1FY23 Result : Revenue in Q1 FY23 increased by 12.4% YoY to Rs. 97.2 Cr Gross Margins for Q1 FY23 increased by 26.9% to Rs. 47.9 Cr EBITDA in Q1 FY23 stood at Rs 9.1 Cr; EBITDA Margin in Q1 FY23 stood at 9.3%. This decrease is primarily driven by inflationary pressure in prices of raw materials, higher freight cost and supply chain disruptions in US based subsidiary PAT in FY22 stood at Rs. 7.6 Cr Launched new products under brand ‘Ashoka’ in the categories of ready to eat, ready to cook and pickles Company is ready to launch various products under brand ‘ADF Soul’ through e-commerce in India in Q2 FY23 Commenting on the Results, Mr Bimal Thakkar – Chairman & Managing Director said, “We have entered FY23 on a positive note and are confident to scale up our business on a sustainable basis. We have further strengthened our product portfolio through launch of products in ready to eat, ready to cook and food accompaniments categories under Ashoka brand. Further, to expand our presence in India, we are ready to launch sauces, pickles and chutneys under Soul brand through e-commerce in Q2 FY23. The company is really excited and is looking forward to this growth journey. The Company has recently taken a price hike to mitigate inflationary pressures, the impact of which will be reflected in coming quarters. Apart from this price hike, we are also witnessing softening of raw material prices and freight cost which will also have a positive effect on margins going forward. ” Result PDF ADF FOODS LTD.-$ - 519183 - Statement On Deviation Or Variation Of Funds Raised Through Preferential Issue Of Convertible Warrants.
Pursuant to the provisions of Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019 regarding 'Format on Statement of Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement (QIP) etc.', we hereby confirm that there is no deviation or variation in the use of funds raised through Preferential Issue of Convertible Warrants from the objects stated in the Explanatory Statement to the Notice of Extra Ordinary General Meeting of the Company dated September 4, 2020. Accordingly, a Nil Statement of Deviation, duly reviewed by the Audit Committee of the Company, for the Quarter ended June 30, 2022 is given in 'Annexure A'. Kindly take the same on your records.