SUNDROP

Nov 14 (Reuters) - Agro Tech Foods Ltd AGRO.NS:

• APPROVED ACQUISITION OF 100% STAKE OF DEL MONTE FOODS

• CONSIDERATION FOR ACQUISITION WILL BE ISSUE OF SHARES TO SHAREHOLDERS OF DMFPL

• APPROVED ISSUE OF UPTO 13.3 MILLION SHARES OF CO AT 975.5 RUPEES PER SHARE

• NAMES NITISH BAJAJ AS ADDITIONAL DIRECTOR AND GROUP MANAGING DIRECTOR

• ACQUISITION OF 100% OF DEL MONTE FOODS FOR 13 BILLION RUPEES

Source text: ID:nBSE9y6V86

Further company coverage: AGRO.NS

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Nov 11 (Reuters) - Agro Tech Foods Ltd AGRO.NS:

• TO CONSIDER PROPOSAL FOR RAISING FUNDS

Source text: ID:nNSE2pGh4f

Further company coverage: AGRO.NS

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Aug 28 (Reuters) - Agro Tech Foods Ltd AGRO.NS:

• APPROVED TO EXECUTE NEW LICENSE AGREEMENT BETWEEN CO AND CONAGRA FOODS RDM

Source text for Eikon: ID:nBSE6vX7d8

Further company coverage: AGRO.NS

(Reporting by VijayDattaram Malkar)

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July 16 (Reuters) - Agro Tech Foods Ltd AGRO.NS:

• JUNE-QUARTER CONSOL NET PAT 2 MILLION RUPEES

• JUNE-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 1.81 BILLION RUPEES

Source text for Eikon: ID:nBSE1mz0jw

Further company coverage: AGRO.NS

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April 24 (Reuters) - Agro Tech Foods Ltd AGRO.NS:

• DIVIDEND 3 RUPEES PER SHARE

Source text for Eikon: ID:nBSE3MPhKD

Further company coverage: AGRO.NS

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BENGALURU/CHENNAI, May 3 (Reuters) - India's Adani Wilmar Ltd ADAW.NS reported a 60% slump in fourth-quarter profit on Wednesday, as lower product prices and sluggish demand from some customers dragged down overall sales in its mainstay edible oils business.

The Fortune cooking oil maker's consolidated net profit fell to 936.1 million rupees ($11.44 million) for the quarter ended March 31, from 2.34 billion rupees, a year earlier.

"Our margins ... got impacted by high-cost inventory in a falling edible oil price environment, inflation impact on our operational costs and an increase in interest costs due to rate hike," said Adani Wilmar Chief Executive Officer Angshu Mallick.

Adani Wilmar, a joint venture between Adani Group and Singapore's Wilmar Group WLIL.SI, said its total expenses fell 5.9% to 138.16 billion rupees.

Edible oil prices have cooled off in recent months on the back of easing commodity prices, but demand is yet to fully recover as some customers including in the bakery and frying industry are cutting back.

Sales value in its edible oil business declined 13% during the quarter even as volumes were flat.

That led to a 7% decline in overall sales value, Adani Wilmar, which competes with Sundrop cooking oil maker Agro Tech Foods AGRO.NS and Saffola-parent Marico MRCO.NS, said in a press release.

Overall revenue from operations fell 7% to 138.73 billion rupees.

Separately, Adani Wilmar said the board re-appointed Mallick as the managing director and CEO for a period of three years, effective April 1.

Adani Wilmar shares have lost about a third of their value since Jan. 24 after U.S. short seller Hindenburg Research put out a critical report about the Adani Group's finances.

The stock declined more than 2% on Wednesday.

($1 = 81.8450 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru and Praveen Paramasivam in Chennai; Editing by Nivedita Bhattacharjee)

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** Shares of Agro Tech Foods Ltd AGRO.NS fall as much as 4.35% to a five-month low of 783.05 rupees

** Decline after edible oils and food products maker reports a near-21% YoY slump in consolidated profit

** Revenue from operations falls 5%

** Trading volume is 6,593 shares as of 1:13 p.m. IST, 1.2x the 30-day avg - Refinitiv data

(Reporting by Bharath Rajeswaran in Bengaluru)

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