ADF Foods Limited Recommends Final Dividend for the Fiscal Year March 31, 2024
May 09, 2024 at 10:29 am EDT
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ADF Foods Limited at its board meeting held on 9 May, 2024, Recommended a final dividend of INR 1.20 per share (that is 60%) on equity shares of face value of INR 2 each, subject to the approval of the Shareholders of the Company at the upcoming 34th Annual General Meeting. Final dividend, if approved by the Shareholders at the 34th AGM, will be paid within 30 days from the date of declaration of dividend, to those Shareholders whose names appear in the Register of Members /List of Beneficial Owners of the Company as on 26 July, 2024 (Record Date), received from the Depositories that is National Securities Depository Limited and Central Depository Services (India) Limited.
ADF Foods Limited is an India-based company, which is engaged in the business of Meal Accompaniments, Canned Food & Ready to eat, and Frozen Foods. The Company's product portfolio includes ready-to-eat food, ready-to-cook food, frozen food, frozen vegetables, cooking pastes, and food accompaniments, such as pickles, sauces and chutneys. The Company's portfolio of brands includes Ashoka, Truly Indian, Camel, Aeroplane, ADF Soul, Nateâs, and PJâs Organics. The Company's Meal Accompaniment products include Dipping Sauces, such as twisty tamarind, tango mango, spicy schezwan, and chatpata achari. Its Chutneys in olive oil products include coriander chutney, mint chutney, pani puri concentrate, sandwich chutney, and tamarind chutney. It also provides Pickles in Olive Oil, Traditional Pickles, and Mango Chutneys. The Company's Frozen products include Frozen samosas, Frozen Kathi rolls, Frozen dosa wraps, Frozen snacks and Ponk. The Company also provides baked snacks and flavored milk drinks.