ADF Foods shareholders and shareholding pattern

NSE: ADFFOODSBSE: 519183Food ProductsSmall Cap

ADF Foods Limited · Face value ₹2 · Listed Jul 1992 on BSE, Sep 2010 on NSE

₹240.95₹1.50 (0.63%)BSE ₹240.05

Share price at the NSE close on 27 Oct 2026. Previous close ₹239.45.

27 Oct: open ₹237.35, high ₹246.30, low ₹237.30

52-week range of traded prices to 27 Oct 2026

₹153.10Low, 27 Mar 2026₹346.95High, 2 Jul 2026

Market cap: ₹2,647 Cr1,067th largest listed
P/E: 28.78
P/B: 4.63
Dividend yield: 0.50%
ROE: 17.3%
ROCE: 19.6%
Debt to equity: 0.02
Volume, NSE: 55,32451.6% delivered

ADF Foods' shareholding pattern for Sep 2026, filed on 15 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns ADF Foods, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters36.13%
Foreign institutions11.38%
Indian institutions20.98%
Individuals and others31.50%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Individuals and others

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	54.32%	54.32%	46.07%	38.99%	35.22%	35.22%	30.51%	32.31%	32.35%	32.35%	34.29%	34.34%	34.14%	34.50%	34.95%	33.05%	31.44%	31.42%	31.42%	31.42%	31.42%	33.58%	36.59%	36.59%	36.59%	36.50%	36.50%	36.29%	36.28%	36.25%	36.33%	36.17%	36.13%	36.13%	36.13%	36.13%	36.13%	36.13%	36.13%	36.13%
Indian promoters	54.32%	54.32%	46.07%	38.99%	35.22%	35.22%	30.51%	32.31%	32.35%	32.35%	34.29%	34.34%	34.14%	34.50%	34.95%	33.05%	31.44%	31.42%	20.04%	20.04%	20.04%	22.71%	26.22%	26.22%	26.22%	26.13%	26.13%	25.92%	25.90%	25.88%	25.95%	23.09%	23.05%	23.05%	23.05%	23.05%	23.05%	23.05%	23.05%	23.05%
Foreign promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11.38%	11.38%	11.38%	10.87%	10.37%	10.37%	10.37%	10.37%	10.37%	10.37%	10.37%	10.37%	10.37%	13.08%	13.08%	13.08%	13.08%	13.08%	13.08%	13.08%	13.08%	13.08%
	45.68%	45.68%	53.93%	61.01%	64.78%	64.78%	69.49%	67.69%	67.65%	67.65%	65.71%	65.66%	65.86%	65.50%	65.05%	66.95%	68.56%	68.58%	68.58%	68.58%	68.58%	66.42%	63.41%	63.41%	63.41%	63.50%	63.50%	63.71%	63.72%	63.75%	63.67%	63.83%	63.87%	63.87%	63.87%	63.87%	63.87%	63.87%	63.87%	63.87%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9.37%	9.44%	9.38%	9.47%	9.57%	9.57%	9.56%	9.51%	9.55%	10.06%	9.85%	11.29%	11.30%	11.31%	11.55%	11.60%	11.38%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	9.43%	9.37%	9.45%	9.56%	9.56%	9.54%	9.50%	9.54%	9.65%	9.75%	11.28%	11.29%	11.30%	11.49%	11.47%	11.36%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9.37%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.40%	0.08%	–	–	–	0.05%	0.11%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Foreign Institutional Investors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13.79%	19.54%	19.77%	19.89%	19.96%	20.07%	21.08%	23.38%	22.93%	23.65%	23.66%	22.71%	23.10%	23.11%	23.21%	21.30%	20.98%
Mutual funds	0.09%	0.09%	0.09%	0.09%	0.02%	0.02%	0.02%	0.03%	0.03%	0.03%	0.03%	0.03%	0.01%	0.01%	0.01%	0.39%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.50%	2.63%	1.64%	1.64%	1.64%	1.66%	1.66%	1.58%	6.02%	7.03%	7.67%	7.88%	7.91%	7.91%	8.01%	8.64%	8.65%	8.81%	8.82%	8.82%	7.71%	7.71%	7.72%	7.77%	6.98%	6.89%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.76%	11.87%	11.89%	11.98%	12.05%	12.07%	12.44%	14.72%	14.12%	14.83%	14.83%	15.00%	15.39%	15.39%	15.44%	14.32%	14.09%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	40.24%	34.42%	34.34%	34.14%	34.18%	34.08%	33.11%	30.78%	31.35%	30.15%	30.36%	29.86%	29.46%	29.44%	29.10%	30.97%	31.50%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13.59%	12.98%	12.84%	12.92%	13.02%	14.30%	13.77%	12.88%	14.65%	13.51%	13.83%	13.34%	13.54%	13.58%	13.55%	15.44%	15.78%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.38%	5.12%	5.09%	5.01%	5.00%	3.96%	4.01%	3.99%	4.42%	4.28%	4.33%	4.32%	4.13%	4.13%	4.13%	3.86%	3.97%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10.67%	5.84%	5.84%	5.75%	5.73%	5.31%	4.82%	3.63%	2.65%	2.58%	2.45%	2.48%	2.01%	1.98%	1.74%	1.86%	2.01%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.75%	0.70%	0.72%	0.68%	0.68%	0.73%	0.57%	0.58%	0.53%	0.58%	0.63%	0.62%	0.64%	0.68%	0.72%	0.84%	0.78%
Foreign companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.14%	2.35%	2.35%	2.34%	2.34%	2.34%	2.34%	2.33%	2.33%	2.52%	2.51%	2.51%	2.50%	2.50%	2.46%	2.44%	2.42%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.23%	0.23%	0.23%	0.23%	0.23%	0.23%	0.23%	0.23%	0.12%	0.12%	0.12%	0.12%	0.12%	0.04%	0.04%	0.04%	0.04%
Relatives of promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%	0.10%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.75%	1.48%	1.55%	1.48%	1.46%	1.48%	1.64%	1.41%	0.94%	0.85%	0.78%	0.76%	0.81%	0.83%	0.76%	0.79%	0.79%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.15%	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.21%	0.01%	0.04%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	0.03%	0.03%	0.04%	0.04%	0.04%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.56%	0.50%	0.51%	0.52%	0.53%	0.57%	0.58%	0.56%	0.53%	0.50%	0.50%	0.50%	0.51%	0.51%	0.51%	0.48%	0.50%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.69%	0.69%	0.69%	0.69%	0.69%	0.67%	0.67%	0.67%	0.21%	0.21%	0.11%	–	–	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.28%	0.28%	0.31%	0.26%	0.24%	0.24%	0.39%	0.17%	0.19%	0.14%	–	0.14%	0.16%	0.17%	0.09%	0.14%	0.13%
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Independent Director	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.11%	–	–	–	–	–
Independent Directors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.11%	–	–	–	–
Independent Director or his relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.11%	0.11%	0.11%	0.11%
Promoter shares pledgedShare of the promoters' own shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	11.36%	12.75%	12.75%	12.75%	13.09%	13.09%	7.97%	7.47%	7.72%	7.71%	5.98%	4.28%	4.28%	4.28%	1.26%	0.00%	0.00%	0.00%	0.00%
Shares in issue	2,12,01,461	2,12,01,461	2,12,01,461	2,12,01,461	2,12,01,461	2,12,01,461	2,12,01,461	2,00,22,719	2,00,22,719	2,00,22,719	2,00,22,719	2,00,22,719	2,00,22,719	2,00,22,719	2,00,22,719	2,00,22,719	2,00,22,719	2,00,22,719	2,00,22,719	2,00,22,719	2,00,22,719	2,09,66,219	2,19,72,719	2,19,72,719	2,19,72,719	2,19,72,719	2,19,72,719	10,98,63,595	10,98,63,595	10,98,63,595	10,98,63,595	10,98,63,595	10,98,63,595	10,98,63,595	10,98,63,595	10,98,63,595	10,98,63,595	10,98,63,595	10,98,63,595	10,98,63,595
Shares locked in	–	–	–	–	–	–	–	–	–	–	–	2,100	3,100	1,500	–	6,48,997	6,48,997	6,48,997	100	100	0	9,43,500	19,50,000	19,50,000	19,50,000	19,50,000	17,56,500	87,50,000	87,50,000	87,50,000	87,50,000	87,50,000	87,50,000	87,50,000	50,00,000	–	–	–	–	–
Promoters' shares locked in	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4,93,628	4,93,628	4,93,628	–	0	0	7,50,000	17,50,000	17,50,000	17,50,000	17,50,000	17,50,000	87,50,000	87,50,000	87,50,000	87,50,000	87,50,000	87,50,000	87,50,000	50,00,000	–	–	–	–	–

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of ADF Foods shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	19,864	20,604	21,968	23,590	20,943	21,919	20,914	19,743	19,124	18,944	17,860	17,359	16,697	16,645	17,368	20,702	20,875	23,009	27,979	27,458	28,659	27,506	27,599	28,703	26,554	26,383	26,151	31,526	39,812	40,411	38,838	44,142	41,996	42,769	41,436	42,054	41,581	40,319	39,264	39,666
	10	10	10	10	10	10	9	9	9	9	11	11	10	10	10	10	8	8	8	8	8	8	8	8	8	8	8	8	8	8	9	7	7	8	8	8	8	8	8	8
Indian promoters	10	10	10	10	10	10	9	9	9	9	11	11	10	10	10	10	8	8	7	7	7	7	7	7	7	7	7	7	7	7	8	6	6	7	7	7	7	7	7	7
Foreign promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	19,854	20,594	21,958	23,580	20,933	21,909	20,905	19,734	19,115	18,935	17,849	17,348	16,687	16,635	17,358	20,692	20,867	23,001	27,971	27,450	28,651	27,498	27,591	28,695	26,546	26,375	26,143	31,518	39,804	40,403	38,829	44,135	41,989	42,761	41,428	42,046	41,573	40,311	39,256	39,658
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	18	20	20	20	23	22	23	24	29	34	32	31	29	31	37	40	36
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	19	19	19	22	21	22	23	28	31	29	30	28	30	35	38	34
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	18	0	0	0	0	0	0	0	0	2	2	–	–	–	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Foreign Institutional Investors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	5	5	5	5	5	5	7	5	5	5	5	5	6	5	6	7
Mutual funds	12	12	12	12	3	3	3	3	3	3	3	3	2	2	2	3	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	2	2	2	2	2
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	2	1	1	1	1	1	1	2	2	3	3	3	3	3	3	5	3	3	3	2	2	3	2	3	4
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	28,673	26,521	26,350	26,118	31,490	39,777	40,375	38,798	44,101	41,950	42,724	41,392	42,012	41,536	40,269	39,210	39,615
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	27,647	25,566	25,385	25,135	30,412	38,588	39,177	37,478	42,608	40,402	41,192	39,865	40,547	40,078	38,791	37,613	37,998
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11	11	11	11	11	10	10	10	12	11	12	12	10	10	10	11	12
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	126	125	120	124	149	135	142	165	234	192	187	186	166	176	173	216	230
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	465	441	456	488	522	558	550	617	658	780	770	766	705	685	739	851	839
Foreign companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	3	3	3	3	3	3	2	2	2	2	2	1	1	1	1
Relatives of promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	414	368	368	350	386	476	486	518	580	556	554	554	575	579	548	511	528
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	23	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	35	14	16	4	4	4	4	4	6	5	4	3	8	8	9	10	8
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	359	335	333	325	360	450	456	489	539	524	523	526	539	544	511	470	495
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	1	1	–	–	–	–	2	2	2	2	2	2	2	1	1
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	3	3	3	3	3	3	2	2	1	–	–	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14	14	15	16	18	18	22	21	30	22	–	21	24	23	24	28	22
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Independent Director	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–
Independent Directors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–
Independent Director or his relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1

ADF Foods promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Bimal Ramesh Thakkar, 13.08%. The filing names 3 more members with no shares.Promoter buying and selling

Holder
Bimal Ramesh ThakkarNon-resident and foreign individuals	13.08%	1,43,70,850
Mahalaxmi Ramesh ThakkarIndividuals and Hindu undivided families	8.80%	96,65,000
Parul Bimal ThakkarIndividuals and Hindu undivided families	4.94%	54,29,135
H J Thakkar Property Investment LLPIndian companies, trusts and others	2.99%	32,79,575
Sumer Bimal ThakkarIndividuals and Hindu undivided families	2.63%	28,94,500
Shivaan Bimal ThakkarIndividuals and Hindu undivided families	2.63%	28,94,505
Prisha Bhavesh ThakkarIndividuals and Hindu undivided families	0.91%	10,00,000
Krish Bhavesh ThakkarIndividuals and Hindu undivided families	0.15%	1,65,000

No promoter shares are reported as pledged.

Largest public holders of ADF Foods, filing by filing

Per cent, on the same shares as the split above.

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Authum Investment and Infrastructure LimitedNon-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	22.44%	19.93%	20.43%	19.80%	19.45%	19.72%	19.71%	19.73%	17.46%	12.12%	11.55%	11.87%	11.89%	11.98%	12.05%	12.07%	12.44%	14.72%	14.12%	14.12%	14.83%	15.00%	15.39%	15.39%	15.44%	14.32%	14.09%
Sixth Sense India Opportunities IIIAlternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.51%	5.52%	6.16%	6.37%	6.37%	6.37%	6.47%	7.10%	7.10%	7.10%	7.10%	7.10%	7.10%	7.10%	7.10%	7.10%	6.26%	6.15%
Infinity Portfolio HoldingsForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.60%	5.60%	5.76%	5.76%	5.76%	5.76%	5.76%	5.76%	5.76%
Infinity Direct HoldingsForeign companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.50%	2.50%	2.50%	2.50%	4.77%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%	4.55%
Dovetail India Fund Class 5 SharesForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.50%	3.50%	3.50%	3.50%	3.50%	3.50%	3.50%	3.50%	3.50%
Investor Education and Protection Fund Authority Ministry of Corporate AffairsInvestor education fund	–	–	–	–	–	1.56%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.34%	2.34%	2.34%	2.34%	2.33%	2.33%	2.52%	2.51%	2.51%	2.50%	2.50%	2.46%	2.44%	2.42%
Infinity CapitalForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.53%	1.55%	1.55%	1.55%	1.55%	1.55%
Ashwin KediaResident individuals, over ₹2 lakh at face value	1.18%	1.18%	1.18%	1.18%	1.18%	1.18%	1.18%	1.25%	1.25%	1.25%	1.25%	1.25%	1.25%	1.25%	1.25%	1.25%	1.25%	1.25%	1.25%	1.25%	1.25%	1.19%	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%
Lashit SanghviResident individuals, over ₹2 lakh at face value	1.34%	1.34%	1.34%	1.34%	1.34%	1.34%	1.34%	1.42%	1.42%	1.42%	1.42%	1.42%	1.42%	1.42%	1.42%	1.42%	1.42%	1.42%	1.42%	1.42%	1.42%	1.35%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	–	–
Abakkus Emerging Opportunities Fund-1Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.50%	2.50%	1.64%	1.64%	1.64%	1.66%	1.66%	1.58%	1.51%	1.51%	1.51%	1.51%	1.54%	1.54%	1.54%	1.54%	1.54%	1.54%	1.54%	1.54%	–	–	–	–	–	–
Infinity HoldingsForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9.99%	9.99%	9.99%	9.99%	9.99%	9.54%	9.10%	9.10%	9.10%	9.10%	9.10%	9.10%	9.10%	9.10%	9.10%	–	–	–	–	–	–	–	–	–
Top Class Capital Markets Private LimitedCompanies	3.71%	3.71%	3.71%	3.71%	3.71%	3.71%	3.71%	3.93%	3.93%	3.93%	3.93%	3.93%	3.03%	2.98%	3.00%	3.00%	3.00%	3.00%	3.00%	2.94%	2.94%	1.76%	1.68%	1.68%	1.68%	1.68%	1.56%	1.56%	1.56%	1.09%	1.08%	–	–	–	–	–	–	–	–	–
Reliance Commercial Finance LimitedCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.13%	–	–	–	–	–	–	–	–	–	–
Dar's Business Finance Pvt LtdCompanies	–	–	–	–	–	–	–	–	–	–	–	1.72%	2.45%	2.27%	2.27%	2.27%	2.27%	2.27%	2.27%	2.25%	2.25%	2.15%	2.05%	1.84%	1.84%	1.84%	1.84%	1.71%	1.21%	–	–	–	–	–	–	–	–	–	–	–
Centrum Infrastructure & Realty LimitedCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.12%	1.12%	1.12%	–	–	–	–	–	–	–	–	–	–	–
Ashish KacholiaResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.14%	1.14%	1.14%	1.14%	1.14%	1.14%	1.09%	1.04%	1.04%	1.04%	1.04%	1.04%	1.04%	–	–	–	–	–	–	–	–	–	–	–	–
Investor Education and Protection Fund AuthorityInvestor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.14%	2.35%	2.35%	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Centrum Infrastructure and Realty LimitedCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.05%	1.00%	1.00%	1.00%	1.00%	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Jm Financial Services LimitedOther non-institutions	–	–	–	–	–	6.44%	–	–	–	–	–	–	–	–	–	–	1.09%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Ebony Advisors LLPOther non-institutions	–	–	–	–	–	–	–	–	–	2.00%	1.94%	1.94%	1.94%	1.94%	1.94%	2.00%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Mishal Ashok ThakkarResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.75%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Mentor Capital LimitedOther non-institutions	–	–	1.49%	6.18%	6.80%	–	8.81%	9.45%	12.69%	13.88%	14.47%	15.22%	15.52%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Alpana S DangiResident individuals, over ₹2 lakh at face value	–	–	–	3.10%	2.80%	2.80%	5.51%	5.83%	5.29%	5.30%	5.37%	5.37%	5.87%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Naresh Lakshmansingh KothariOther non-institutions	–	–	–	–	–	1.18%	1.18%	1.25%	1.25%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Mukul Mahavir AgrawalResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	1.16%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
IndiaNivesh LimitedOther non-institutions	–	–	–	–	1.82%	1.82%	1.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Kuber India FundInstitutions Foreign Portfolio Investor	–	–	–	–	2.83%	2.18%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Edelweiss Custodial Services LimitedOther non-institutions	–	–	–	–	1.15%	1.04%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Naresh L KothariOther non-institutions	–	–	1.89%	1.18%	1.18%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Prabhudas Lilladher Financial Services Pvt. Ltd.Other non-institutions	–	–	1.06%	1.06%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Prabhudas Lilladher Private LimitedOther non-institutions	–	–	3.54%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Pooja AroraResident individuals, over ₹2 lakh at face value	–	–	1.27%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Nirmal AroraResident individuals, over ₹2 lakh at face value	3.77%	3.77%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Dolly KhannaResident individuals, over ₹2 lakh at face value	1.04%	1.05%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Pranav Financial Services Private LimitedOther non-institutions	1.13%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Jun 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

Indian institutions: Authum Investment and Infrastructure Limited 14.09%, −0.23 pts; Sixth Sense India Opportunities III 6.15%, −0.11 pts
Individuals and others: Investor Education and Protection Fund Authority Ministry of Corporate Affairs 2.42%, −0.02 pts