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BSE SENSEX
81,224.75
+218.14
+0.27 %
Corporate Announcement
Security Code
519183
Company
ADF FOODS LTD.-$
Exchange Received Time
26/09/2024 18:46:49
Exchange Disseminated Time
26/09/2024 18:46:49
Time Taken
00:00:00
Announcement under Regulation 30 (LODR)-Acquisition |
9/26/2024 6:46:49 PM
Pursuant to Regulation 30 of SEBI (LODR) Regulation, 2015, we wish to inform you that the Board of Directors of the Company, at their meeting held today i.e. on 26th September, 2024, has approved acquisition of remaining 30% stake from the minority members of Vibrant Foods New Jersey LLC. The said acquisition will be made through immediate holding company of Vibrant Foods i.e. ADF Holdings (USA) Limited. Accordingly, Vibrant Foods will become wholly owned step-down subsidiary of the Company.
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