Shareholders meeting

12th August, 2026 National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Department of Corporate Services, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Dalal Street, Mumbai - 400 051. Mumbai - 400 001. Symbol: ADFFOODS Scrip Code: 519183 Subject: Summary of proceedings of the 36th Annual General Meeting of ADF Foods Limited. Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in terms of SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026, we wish to inform you that the 36th Annual General Meeting (“AGM”) of the Members of ADF Foods Limited (“the Company”) was held today i.e. Wednesday, 12th August, 2026 at 04:00 p.m. (IST) through two-way Video Conferencing (“VC”) or Other Audio Visual Means (“OAVM”) without the physical presence of its Members at a common venue, to transact the business as stated in the Notice of AGM dated 13th May, 2026. Mr. Bimal Thakkar, Chairman of the Company chaired the Meeting. He welcomed the Members to the 36th AGM. The requisite quorum of the Members being present, the Meeting was called to order. The Chairman informed that the Meeting was held through VC/OAVM in compliance with the Circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The Chairman further informed that the facility of appointment of proxies by the Members was not extended as the Meeting was being held via video conferencing. Mr. Bimal Thakkar, Chairman, Managing Director and CEO, Mr. Manmohan Srivastava, Independent Director and Chairman of the Audit Committee, Mr. Viren Merchant, Non-Executive Non-Independent Director and Chairman of the Stakeholders’ Relationship/ Shareholder’s Grievance Committee, Mr. Ameet Hariani, Independent Director, Mr. Pheroze Mistry, Independent Director, Mr. Jay Mehta, Non-Executive Non-Independent Director and Mr. Arjuun Guuha, Whole Time Director attended the Meeting. Ms. Deepa Misra Harris, Independent Director and Chairperson of the Nomination and Remuneration Committee could not attend the Meeting due to other unavoidable preoccupations. Mr. Srinivas Ayyagari, Chief Financial Officer and Ms. Shalaka Ovalekar, Company Secretary attended the meeting. Mr. Amrish Vaidya, Mr. Maulik Satra and Ms. Kriti Goel, representatives of M/s. MSKA & Associates LLP, Chartered Accountants (Firm Registration No. 105047W) who conducted Statutory Audit for the Financial Year 2025-26, Mr. Keyul Dedhia, Partner of M/s. Dedhia Shah & Partners LLP, Practicing Company Secretaries (COP No. 8618) who conducted the Secretarial Audit for the Financial Year 2025-26 and Mr. Sanjay S. Risbud, Practicing Company Secretary, Scrutinizer for the e-voting and voting during the AGM also attended the Meeting. Regd Off: 83/86, G.I.D.C Industrial Estate, Nadiad - 387 001, India. Tel.: +91 268 2551381/82 Fax: +91 268 2565068 Email: nadiadfactory@adf-foods.com CIN: L15400GJ1990PLC014265 Corp. Off: Marathon Innova, B2, G01, Ground Floor, G. K. Road, Lower Parel, Mumbai 400 013. INDIA. Tel.: +91 22 6141 5555, Fax: +91 22 6141 5577, Email: info@adf-foods.com, Web: www.adf-foods.com The Chairman informed that the Annual Report for the Financial Year 2025-26 along with the Notice of the 36th AGM was sent electronically to all those Members whose email addresses were registered in the records of the Company as on the cut-off date of sending the Notice. Further, a letter providing the web-link, including the exact path where the complete details of the Annual Report were available, was sent to those Shareholders who did not register their e-mail address with the RTA of the Company/Depository Participant(s). Also, the Register of Directors and Key Managerial Personnel, the Register of Contracts or Arrangements were made available electronically for inspection by the Members. The Chairman then directed the Company Secretary to provide general voting instructions to the Members. The Company Secretary informed that the Meeting was being conducted via video conferencing platform provided by MUFG Intime India Private Limited. The Members were provided the facility to cast vote through remote e-voting from 8th August, 2026 (09:00 a.m.) till 11th August, 2026 (05:00 p.m.). The facility of e-voting was also made available during the Meeting to those Members who had not exercised their votes earlier. The voting was in proportionate to the number of shares held. Thereafter, the Chairman delivered the speech on performance of the Company. Further, with the consent of the Members, the Notice of the AGM was taken as read. He thereafter requested the Company Secretary to draw attention of the Members on observations stated in the Auditors Report. The Company Secretary stated that there was no qualification in the Statutory Auditors Report on Standalone and Consolidated Financial Statements for the Financial Year 2025-26. The Company Secretary further stated that there was no qualification, reservation or adverse remarks contained in the Secretarial Audit Report and Compliance report on Corporate Governance issued by the Secretarial Auditors, M/s. Dedhia Shah & Partners LLP, Practicing Company Secretaries. The Chairman summarized the resolutions stated in the AGM Notice which were proposed to be approved by the Members. Before putting the Resolutions for voting, the Chairman invited the Members to ask questions and seek clarifications. The Chairman then responded to the Members queries satisfactorily. The following resolutions set out in the Notice convening the 36th AGM were placed before the Members at the Meeting: 1. (a) To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereon. (b) To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026, together with the Report of the Auditors thereon. [Ordinary Resolution] 2. To declare a Final Dividend of Rs. 0.60/- per equity share of face value Rs. 2/- each for the Financial Year ended 31st March, 2026. [Ordinary Resolution] 3. To appoint a Director in place of Mr. Bimal Thakkar (DIN: 00087404), who retires by rotation and being eligible offers himself for re-appointment. [Ordinary Resolution] Regd Off: 83/86, G.I.D.C Industrial Estate, Nadiad - 387 001, India. Tel.: +91 268 2551381/82 Fax: +91 268 2565068 Email: nadiadfactory@adf-foods.com CIN: L15400GJ1990PLC014265 Corp. Off: Marathon Innova, B2, G01, Ground Floor, G. K. Road, Lower Parel, Mumbai 400 013. INDIA. Tel.: +91 22 6141 5555, Fax: +91 22 6141 5577, Email: info@adf-foods.com, Web: www.adf-foods.com 4. To approve continuation of the existing remuneration terms of Mr. Bimal Thakkar for the remaining tenure of his current appointment term from 1st October, 2026 upto 30th September, 2028 pursuant to applicable statutory provisions. (The original appointment term of Mr. Bimal Thakkar as approved by the Members of the Company on 11th March, 2023 has been fixed from 1st October, 2023 till 30th September, 2028. However, at the time of said appointment, the remuneration could be approved for first three years upto 30th September, 2026 due to statutory provisions. Hence, the extension of same remuneration for the remaining tenure was obtained at this AGM) [Special Resolution]. Post the Q&A session, the Chairman requested those Members who had not exercised their votes earlier through remote e-voting to cast their votes on the aforesaid resolutions set out in the AGM Notice. He also informed the Members that Mr. Sanjay S. Risbud, Practicing Company Secretary was appointed as Scrutinizer to scrutinize the remote e-voting process as well as e-voting at the AGM in a fair and transparent manner. The Chairman thanked the Members for attending and participating in the meeting [Showing first 8,000 characters — download PDF for full document]