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ADF Foods

19th-Jun-2019 17:28Source: BSE

ADF Foods Industries - Outcome of Board Meeting

Further to our communication dated May 31, 2019 intimating you about the request for re-classification received from certain Promoters of the Company, we wish to inform that the Board of Directors at its Meeting held today i.e. June 19, 2019 approved the said request for reclassification of the shareholding of Mr. Ashok H. Thakkar and Mr. Mishal A. Thakkar from "Promoter and Promoter group" category to "Public" category.

Further, in accordance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Extract of the Minutes of the Meeting of the Board of Directors approving the request for reclassification of shares as stated above is enclosed herewith as ''''Annexure I''''.

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