BSECompany Update5d ago · 14 Aug 2026, 08:11 pm
Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 - Update on Litigation.
Adf Foods Ltd-$ · 519183
✦ AI SummaryLitigation
Adf Foods Ltd. has provided an update on ongoing litigation against Ascot Valley Foods Ltd. in the United States District Court, Southern District of New York. The company's US subsidiary has received a permanent injunction and monetary judgments in its favor, but Ascot has filed a notice of appeal. The permanent injunction and judgments remain in effect as of the date of this intimation.
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Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10
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Adf Foods Ltd-$ - 519183 - Announcement Under Regulation 30 (LODR) - Update On Litigation.
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14th 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
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Update on Litigation.
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 (“Listing Regulations”) read with Schedule III of the Listing Regulations, and further to the
Company’s intimation dated 28th June, 2026 regarding the permanent injunction and monetary award
received in favour of the Company’s step down subsidiary in the USA, we wish to provide an update as
stated in Annexure A in the prescribed format.
The above information shall also be made available on the website of the Company at
www.adf-foods.com.
Please take the same on record.
Thanking you.
Yours faithfully,
For ADF Foods Limited
Shalaka Ovalekar
Company Secretary
Encl: as above
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
Annexure A
Details in terms of Regulation 30 read with Schedule III of the Listing Regulations and
SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026:
Sr. Particulars Details
1. Brief details of litigation viz.
a) name(s) of the opposing party: Ascot Valley Foods Ltd. (‘Ascot’)
b)court/ tribunal/agency where United States District Court, Southern District of
litigation is filed New York
2. the details of any change in the status Ascot has filed the Notice of Appeal to the
and / or any development in relation to United States Court of Appeals for the Second
such proceedings; Circuit against the permanent injunction and
monetary judgements passed against it by the
United States District Court, Southern District of
New York.
The filing of the appeal does not, by itself,
reverse, vacate or modify the Permanent
Injunction or the judgments.
As of the date of this intimation, no stay of the
Permanent Injunction, the Final Judgment or the
Supplemental Judgment has been granted
Accordingly, the permanent injunction and the
monetary judgements passed in favour of the
Company’s US subsidiary continues to remain in
effect as on date.
The Company’s US subsidiary will contest the
appeal and take all necessary steps to protect and
enforce its rights.
3. in the case of litigation against Not Applicable
key management personnel or its
promoter or ultimate person in control,
regularly provide details of any change
in the status and / or any development
in relation to such proceedings;
4. in the event of settlement of the Not Applicable
proceedings, details of such settlement
including - terms of the settlement,
compensation/penalty paid (if any)
and impact of such settlement on the
financial position of the listed entity.
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