ADF Foods appoints Srinivas Ayyagari as new Chief Financial Officer

Management Changes View source PDF Explain this filing

ADFFOODS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+9.9%Reaction day

₹206.73

prior close

₹206.89

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+8.5% vs market

Packaged Foods peers, median of 34sector-0.4%+10.2% vs sector

On the reaction day the stock moved 8.5 pts more than Nifty Microcap 250 and 10.2 pts more than its Packaged Foods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.1

10m

-1.1

15m

+4.4

30m

+4.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+9.9+1.3+8.5-0.4+10.2

Next day

+10.8+0.3+10.5-1.2+11.9

+8.4-0.5+8.9-1.7+10.1

+9.3+2.1+7.2-1.4+10.7

+9.9+3.1+6.8-0.4+10.3

+7.5+2.6+4.9-0.2+7.7

+6.6+0.6+6.0-2.2+8.8

15d

-1.0-1.4+0.5-3.3+2.3

-7.8-6.9-0.9-8.7+0.8

-14.5-7.7-6.8-10.0-4.6

+25.6+7.0+18.7-2.4+28.1

UpDownMarket · Nifty Microcap 250Sector · Packaged Foods peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ADF Foods board has appointed Srinivas Ayyagari as the new Chief Financial Officer and Key Managerial Personnel effective February 3, 2026. He is a qualified Cost Accountant with an MBA and over 20 years of experience in business finance, controllership, treasury, and investor relations across India and ASEAN. He previously held senior roles at L'Oreal, Vodafone, Ferrero, ITC, and most recently served as VP Finance at Eureka Forbes. The appointment was recommended by the Audit and Nomination committees.

Likely market impact

New CFO brings 20 plus years of finance leadership from major consumer brands. Positive for financial governance and continuity at ADF Foods.