FMCG stock falls 4.6% after Gujarat Pollution Control Board directs to close operations in two plantsFMCG stock falls 4.6% after Gujarat Pollution Control Board directs to close operations in two plants

Introduction:

FMCG stock witnessed 4.6% fall after receiving closure directives from the Gujarat Pollution Control Board for two of its plants in Nadiad, citing alleged violations of the Water Pollution Act, raising concerns over regulatory compliance and operational impact.

Share Price movement of ADF Foods:

On April 21, 2025, ADF Foods Ltd opened at ₹234.00, touched a high of ₹238.00 and a low of ₹228.04, declining 4.6% from the previous close of ₹239.99. The stock is currently trading at ₹229.91, with a market cap of ₹2,525.87 Crores.

ADF Foods share price fall:

ADF Foods Limited has received two closure directives from the Gujarat Pollution Control Board (GPCB) dated April 11, 2025, regarding its plants at Plot Nos. 83/86 and 94 in Nadiad, Kheda, for alleged violations of the Water Pollution Act, 1974.

The orders mandate the shutdown of operations and disconnection of electricity at both units within 15 days of notice receipt. The company received these communications on April 16, 2025, and has stated that it treats environmental compliance with utmost seriousness.

ADF Foods is actively seeking reconsideration of the GPCB directives and will take necessary legal and procedural steps. The company has clarified that the financial and operational impact of these orders is currently not quantifiable.

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Ace investor holding of ADF Foods:

Lashit Sanghvi holds 1,418,750 shares of ADF Foods Ltd., representing a 1.29% stake. With the stock priced at ₹229.91, his total holding is valued at ₹32.6 Crores. His stake remained unchanged from the previous quarter, reflecting continued confidence in the stock.

Ashwin Kedia owns 1,250,000 shares in ADF Foods Ltd., accounting for a 1.14% holding. At the current stock price of ₹229.91, his investment amounts to ₹28.7 Crores. Like Sanghvi, his holding also remained steady, showing a consistent long-term approach toward the company.

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

ADF Foods stock rose 6.48% over the past week, showing strong short-term momentum. However, it declined by 17.0% over the last six months. Over a one-year period, the stock posted a positive return of 11.4%, indicating a gradual recovery despite recent volatility.

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Shareholding pattern of ADF Foods:

All values in %	Mar-25	Dec-24	Sep-24
Promoters	36.13	36.13	36.17
FII	9.84	10.06	9.55
DII	23.65	23.65	22.93
Retail & others	30.37	30.16	31.36

About ADF Foods:

ADF Foods Ltd (NSE: ADFFOODS) is a leading Indian FMCG company specializing in the manufacturing and export of packaged ethnic food products. It offers ready-to-eat meals, pickles, sauces, and frozen foods across global markets including the US, UK, Canada, and Middle East.
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.