ADF Foods (ADFFOODS) — Announcement

ADF Foods announced a favorable US court ruling in its litigation against Ascot Valley Foods, securing US$2.3 million in disgorgement damages while limiting its own liability to US$100,706. The order, issued by the Southern District of New York, grants ADF Foods (USA) Ltd. recovery of profits from misappropriated trade secrets and mandates proposed judgment and injunction steps. The company will assess financial impact post-legal evaluation, with no immediate P&L effect. This resolves a key legal overhang for the subsidiary.

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About ADF Foods Limited (ADFFOODS)

Fast Moving Consumer Goods · FMCG · Listed on NSE

Market Cap: ₹2,922.37 Cr P/E: 31.8 ROE: 16.1% ROCE: 21.6% Div Yield: 0.45%

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