Adf Foods - Outcome of Board Meeting

Adf Foods Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 27, 2009, iter alia, have allotted 15,05,88 equity shares of face value of Rs 10/- each against exervise of option by the warrant holders of conversion of the Warrant into equity shares on payment ob balance subscription amount of Rs 24/- per warrant.

Consequent to the said allotment the paid-u share capital of the Company has increased to 2,00,00,000 equity sares of Rs 10/- each aggregating to Rs 20,00,00,000.