I just read this e-book, simply because, according to my friend this book is written by some of the ingenious individuals who foresaw and also profited even from the financial collapse. - Sunita
I heard people are using this e-book as a Self-help guide to investing. I recently finished studying it, and never have experimented with any of the strategies; however they all appear to make sense. - Rajiv
A fantastic guide overall. Quite different from almost all other value investing publications because it concentrates on finding unique scenarios that are best to invest in. - Alexis
This particular e-book really opened up my eyes to some fresh opportunities and possibilities that while investing I should be looking for. Once you have read this traditional value investing book you will learn a lot. - Kavita
I really like the writer of this book. It is simple, properly explained, amusing, relevant, and incredibly well planned. This particular e-book is really a holy bible for dealing with unique circumstances in the market. - Saurabh

History of ADF Foods Ltd.

YEAR EVENTS 1990 - The Comp. was incorporated on 27th August as a private limited company. The Comp. was converted into a public limited Comp. on 14th September 1991. It was promoted by Hariram Mewawala, Ramesh Thakkar & Kishore Thakkar. The objects of company is to produce a wide range of canned & bottled processed vegetables/foods/fruits.

- The Comp. undertook to set up a plant at GIDC Industrial Estate Nadiad, Gujarat land admeasuring 4348 sq.mtrs. was acquired in the agro based taluka of Nadiad, Gujarat. Plant & machinery such as Vapovax boilers model 300s, water softening plant etc. were acquired. Large storage underground tanks were constructed at a depth of 30 feet for preservation of vegetables & fruits.

1994 - The Comp. undertook to set up facilities at Nasik for manufacture of Masala, ground spices. A modernisation programme was undertaken on the existing facilities at Nadiad. With these, the Comp. expected to double its capacity to 12600 tonnes per annum.

- The Comp. issued 25,00,000 No. of equity shares of Rs.10 each at a price of Rs. 62 per share to Indian financial institution, Indian mutual funds & Indian Corporate entities on private placement basis.

- The Comp. issued 7,25,806 warrants to promoters which was to be converted into equity shares within 18 months at a price of Rs.62 per share.

1995 - In November, the capacity at Nadiad plant was expanded to 19,900 TPA from 12,600 TPA.

- 70 No. of equity shares of Rs.10 each issued, subscribed & paid up. 71,99,930 No. of equity shares of Rs.10 each were issued in as follows:

- [is] 28,79,930 No. of equity shares allotted on a firm basis to Indian resident, directors their friends & relatives.

- [iis] 2,16,000 shares issued on preferential basis to employees [all were taken ups].

- [iiis] Balance, 41,04,000 shares were issued to public. Additional 10,80,000 shares were allotted to retain oversubscription [4,32,000 shares to promoters, 32,400 shares to employees, 615,600 shares to publics]. 25,00,000 No. of equity shares issued on private placement basis [8,00,000 shares at the rate of Rs.10 per share & 17,00,000 shares at the rate of Rs.5 per shares].

1996 - The overall performance of Comp. resulted in a loss due to spoilage of raw materials worth Rs 80 lakhs. The domestic division sales dropped mainly due to stiff competition & the change in sales policy.

2003

-Sets up an Export Oriented Unit [EOUs] at Nadiad for manufacturing & processing of frozen food products

2005

-Adf Foods Ltd has entered into an MOU with the partnership firm M/s American Dry Fruits Stores for usage of all 4 brands namely Ashoka, Camel, Aeroplane & Classic Ashoka owned by partnership firm until November 20, 2005.