The Board of Directors of ADF Foods Limited, at its meeting held on Wednesday, 13th May, 2026, approved an investment of up to Rs. 10,00,00,000/- (Rupees Ten Crores Only) in Telluric Foods (India) Limited ("TFIL"), the company's wholly owned subsidiary. The investment will be made in one or more tranches through Optionally Convertible Redeemable Preference Shares ("OCRPS") of TFIL. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investment Structure and Purpose

The funds infused into TFIL will be further downstream to Telluric Foods Limited ("TFL"), a step-down wholly owned subsidiary of ADF Foods Limited. The primary objective of this investment is to support brand building and working capital requirements of Telluric Foods Limited for FY 2026-27. Both transactions are cash consideration-based, classified as related party transactions, and have been carried out on an arm's length basis. No governmental or regulatory approvals are required for either transaction.

Key Details: Investment in Telluric Foods (India) Limited (TFIL)

The following table summarises the key parameters of ADF Foods Limited's additional investment in TFIL:

TFIL was incorporated to carry on the business of providing back-end solutions and services related to the food business. Its historical turnover is as follows:

Key Details: Downstream Investment in Telluric Foods Limited (TFL)

The downstream investment by TFIL into Telluric Foods Limited carries the same investment amount and is intended to serve the same operational purpose. The following table outlines the key parameters:

Telluric Foods Limited was incorporated to buy, sell, distribute, and deal in food products through e-commerce and/or other trade channels in India. Its historical turnover is as follows:

Regulatory Compliance

The disclosures pertaining to both the additional investment by ADF Foods Limited in TFIL and the downstream investment by TFIL in Telluric Foods Limited have been made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30th January, 2026. The intimation was signed by Shalaka Ovalekar, Company Secretary of ADF Foods Limited.

ADF Foods has approved an additional investment of AUD 100,000 in its wholly owned subsidiary, ADF Foods Australia PTY Ltd. The Board of Directors approved the equity investment on May 13, 2026, to support the working capital requirements of the Australian entity. The capital infusion will be executed in one or more tranches over a period of one year.

Investment Details

The additional investment by way of equity is categorized as a related party transaction since the target entity is a wholly owned subsidiary. The transaction was conducted at arm's length basis. The subsidiary, incorporated on July 18, 2024, is engaged in the distribution of food products across the Australian market.

Subsidiary Performance

ADF Foods Australia PTY Ltd commenced business operations in Fiscal 2026. As of March 31, 2026, the subsidiary reported a turnover of Rs. 289.94 Lakhs. The investment aims to bolster the working capital position and aid market growth in the region.