ADF Foods Limited will hold its 36th Annual General Meeting on August 12, 2026, at 4:00 p.m. IST via Video Conferencing. The meeting will transact ordinary business, including the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026, and the declaration of a final dividend of ₹0.60 per equity share. Shareholders must ensure their names appear in the records by the record date of August 5, 2026, to be eligible for the dividend payout.

The Board has recommended the final dividend, which, if approved, will be paid within 30 days of the declaration. The Register of Members and Share Transfer Books will remain closed from August 6, 2026, to August 12, 2026. The company has communicated that the Notice of AGM and Annual Report have been dispatched electronically to shareholders with registered email addresses, while others will receive a web-link to access the documents.

Special Business

The AGM includes a special business item seeking shareholder approval for the continuation of the existing remuneration terms of Mr. Bimal Thakkar, Chairman, Managing Director and CEO. His current term extends until September 30, 2028, but the remuneration approval was initially granted only for the period ending September 30, 2026. The resolution proposes to continue the same remuneration structure, including a commission of up to 5% of consolidated net profit before tax, for the remaining two years.

Financial Performance

The explanatory statement accompanying the notice details the financial performance for FY26. Consolidated revenue from operations stood at ₹68,323.17 lakhs, while profit after tax, excluding exceptional items, reached ₹9,675.41 lakhs. The company reported a basic EPS of ₹8.19 for the consolidated results. On a standalone basis, revenue from operations was ₹52,791.51 lakhs with a profit after tax of ₹10,401.43 lakhs.

ADF Foods Ltd filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with the National Stock Exchange of India and BSE Limited. The company reported that exports contributed 99.61% to its total turnover, with operations spanning over 60 countries. The report, submitted pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's environmental, social, and governance performance.

The company’s manufacturing and distribution of processed foods, including sauces, pickles, and frozen foods, accounted for 100% of its turnover. ADF Foods Ltd disclosed a total workforce of 2,186 individuals, comprising 290 employees and 1,896 workers. Women represented 8.97% of the total employees and 53.74% of the total workers. The company reported that 100% of permanent employees and workers were covered by health and accident insurance schemes.

Environmental Performance

The report outlines the company's energy consumption and waste management metrics for the year. The total energy consumed from renewable sources was 31,09,80,64,000 KJ, while energy from non-renewable sources stood at 54,43,78,33,227 KJ. The total energy consumed during the year was 85,53,58,97,227 KJ. The company reported a total waste generation of 263.96 metric tonnes, of which 149.43 metric tonnes were recovered through recycling or other recovery operations.

Governance and Compliance

ADF Foods Ltd stated that it has policies covering all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC). The company reported zero fines, penalties, or settlement amounts paid to regulators during the financial year. It confirmed that no instances of bribery or corruption were reported against its directors, key managerial personnel, employees, or workers. The company has an internal ESG committee chaired by Mr. Arjuun Guuha, Whole Time Director, to oversee sustainability initiatives.

Stakeholder Grievances

The company disclosed details of grievances received from various stakeholders during the year. It received 18 complaints from customers, all of which were resolved by the end of the year. Shareholders filed four complaints, with one pending resolution at the close of the financial year. No complaints were reported from communities, investors (other than shareholders), employees, workers, or value chain partners. The company confirmed that it has mechanisms in place to redress grievances related to human rights and workplace safety.