ADF Foods gains on inking 25-year PPA for clean energy with 2 MW hybrid power deal in GujaratADF Foods gains on inking 25-year PPA for clean energy with 2 MW hybrid power deal in Gujarat

Introduction

Leading Indian food manufacturer signed a 25-year Power Purchase Agreement to procure 2 MW hybrid wind and solar power, ensuring sustainable energy for its Nadiad, Gujarat facility.

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Share price movement of ADF Foods

On February 19, 2026, ADF Foods Ltd opened at ₹228.50, down 0.26% from its previous close of ₹229.10. The stock reached a high of ₹236.00 (3.01%) and a low of ₹225.45 (-1.59%). By 9:39 AM, it traded at ₹236.00, a 3.01% increase, with a market cap of ₹2,496.65 crore.

ADF Foods Signs 25-Year Renewable PPA

ADF Foods Limited signed a 25-year Power Purchase Agreement with Fourth Partner Energy Limited. The agreement is to procure 2 MW hybrid renewable power for its Nadiad, Gujarat facility.

The renewable power will be sourced from a hybrid model combining wind and solar generation. The project will provide a significant portion of the company’s overall electricity requirements.

Once operational, the renewable energy supply will support ADF Foods’ manufacturing operations. The agreement ensures reliable and sustainable power, strengthening the company’s green energy footprint in its Gujarat facility.

Stock performance of ADF Foods for period of 1 week, 6 months, and 1 year

ADF Foods Ltd delivered a 3.98% return over the past week, gained 0.04% over the past six months, and declined 4.66% over the past one year.

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Shareholding pattern of ADF Foods

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	36.10%	36.10%	36.10%
FII	11.30%	11.30%	11.30%
DII	23.10%	23.10%	23%
Public	29.50%	29.50%	29.90%

About ADF Foods

ADF Foods Ltd (NSE: ADFFOODS) produces and exports traditional Indian food products, including pickles, sauces, ready-to-eat meals, frozen and canned foods, serving markets in Europe, USA, Australia, and Gulf.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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