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ADF specializes in the production and export of a variety of traditional Indian food products, including pickles, chutneys, pastes, sauces, ready-to-eat meals, frozen, and canned foods. Its market spans Europe, the US, Australia, and the Gulf. Additionally, ADF Foods UK Limited and ADF Holding USA Limited operate as agents distributing FMCG products in the USA and UK respectively.
CRISIL Ratings has upgraded ADF Foods' long-term bank facilities rating to 'Crisil A+/Stable' from 'Crisil A/Positive'. Concurrently, its short-term bank facilities rating has been reaffirmed at 'Crisil A1'. This update by CRISIL provides investors with the latest assessment of the company's credit standing.
ADF Foods has been assigned an ESG Rating of '55' (Adequate) by CRISIL ESG Ratings & Analytics. This rating assesses the company's performance across Environmental, Social, and Governance parameters. Notably, CRISIL assigned this rating independently, without engagement from the company, based on publicly available data.