FilingReader Intelligence

ADF Foods promoter releases significant share pledge

September 17, 2025 at 06:40 AM UTCBy FilingReader AI

Parul Bimal Thakkar, a promoter of ADF Foods Limited, reported the release of a pledge on 1,200,000 shares, representing 1.09% of the company's total share capital. The release, dated September 16, 2025, was due to a partial repayment of a loan from Bajaj Finance Limited.

Prior to this release, Parul Bimal Thakkar held 5,429,135 shares, with 1,650,000 shares (1.50%) encumbered. Following the transaction, her encumbered shares now stand at 450,000, reducing the percentage of pledged shares to 0.41% of the total share capital.

This disclosure, made under Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicates a reduction in the promoter's pledged holdings.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:ADFFOODSBombay Stock Exchange

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