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An announcement from ADF Foods Limited ( (IN:ADFFOODS) ) is now available.
ADF Foods Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2024. The company, during its board meeting, also approved an additional investment of up to USD 2.5 million in its wholly-owned subsidiary, ADF Foods (UK) Limited, through optionally convertible preference shares. This investment will be funneled into its US subsidiary to meet additional fund requirements, potentially strengthening its operations and market positioning in the international food industry.
More about ADF Foods Limited
YTD Price Performance: -14.97%
Average Trading Volume: 16,697
Current Market Cap: 27.58B INR
For a thorough assessment of ADFFOODS stock, go to TipRanks’ Stock Analysis page.