JV/Acquisition
Acquisition
ADF Foods LimitedADFFOODS · Filed with the exchange
ADF Foods is strategically investing ₹10 crore into its wholly-owned step-down subsidiary, Telluric Foods Limited (TFL). This capital injection aims to bolster TFL's brand building and working capital for FY27. TFL operates in India's food sector, distributing products via e-commerce and other channels.
This move is set to fuel TFL's growth and enhance its market presence.
With TFL's FY26 turnover around ₹4.01 crore, this ₹10 crore investment represents a significant commitment to its future operational capabilities.
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