MTR Foods, Gits, McCain Foods, Godrej Tyson Foods, Nestle, ADF Foods
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. In 2017, the global Ready-to-Cook Food market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018.
ADF Foods – Buyback of Shares
With reference to the Buy-back of equity shares of the Company from the Open market through the Stock Exchanges in accordance with the provisions of the Buyback Regulations, as amended, we wish to inform you that pursuant to the Corporate Action executed on September 25, 2018 for extinguishment of 2,29,457 equity shares of Rs. 10/- each bought back from the period from September 6, 2018 to September 19, 2018 (i.e. date of closure of Buyback), the issued and paid up equity share capital of the Company stands reduced from Rs. 20,25,21,760/- consisting of 2,02,52,176 equity shares of Rs. 10 each to Rs. 20,02,27,190/- consisting of 2,00,22,719 equity shares of Rs. 10 each.