ADF Foods Updates Key Managerial Personnel List Following CFO Appointment
ADF Foods Limited has updated its list of Key Managerial Personnel authorized to determine materiality following the appointment of Srinivas Ayyagari as Chief Financial Officer on February 3, 2026, replacing Shardul Doshi who ceased from the position on December 10, 2025. The Board-approved list now includes four authorized officials with complete contact details for regulatory compliance under SEBI regulations.
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ADF Foods Limited has updated its list of Key Managerial Personnel authorized to determine materiality of events or information, following a change in its Chief Financial Officer position. The update was approved by the Board of Directors during their meeting held on February 3, 2026.
Leadership Transition Details
The update comes consequent to the cessation of Shardul Doshi as Chief Financial Officer and Key Managerial Personnel of the company with effect from December 10, 2025. The Board has now included Srinivas Ayyagari, who was appointed as the new Chief Financial Officer and Key Managerial Personnel with effect from February 3, 2026.
Updated Key Managerial Personnel List
The company has provided complete contact details for all authorized Key Managerial Personnel responsible for determining materiality under SEBI regulations:
| Position: | Name | Contact Details |
|---|---|---|
| Chairman, Managing Director & CEO: | Bimal Thakkar | Phone: 022 6141 5555, Email: bimal@adf-foods.com |
| Whole Time Director: | Arjuun Guuha | Phone: 022 6141 5555, Email: arjuun@adf-foods.com |
| Chief Financial Officer: | Srinivas Ayyagari | Phone: 022 6141 5555, Email: srinivas@adf-foods.com |
| Company Secretary & Compliance Officer: | Shalaka Ovalekar | Phone: 022 6141 5555, Email: co_secretary@adf-foods.com |
Regulatory Compliance
This intimation has been made pursuant to Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the company's Policy on Determination of Materiality for Disclosure of Events or Information. The updated contact details will also be reflected on the company's website at www.adf-foods.com .
Communication to Stock Exchanges
The company has formally communicated this update to both the National Stock Exchange of India Limited (Symbol: ADFFOODS) and BSE Limited (Scrip Code: 519183), ensuring full compliance with listing regulations and maintaining transparency with stakeholders regarding the authorized personnel for materiality determination.
Historical Stock Returns for ADF Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +20.00% | +17.10% | +1.29% | -12.03% | -23.22% | +54.21% |
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