Loan4 April 2026 at 11:41 am
DSM Fresh Foods Ltd. Approves Rs. 20 Crore Loan Facility from Standard Chartered
AI Summary
DSM Fresh Foods Ltd. announced that its Board of Directors, in a meeting held on 3rd April 2026, considered and approved a proposal for a loan facility of Rs. 20,00,00,000 (Rupees Twenty Crore) from Standard Chartered Bank. Additionally, the Board approved providing a Corporate Guarantee of Rs. 5,00,00,000 (Rs. Five Crore) to Standard Chartered Bank for Avyom Foodtech Private Limited, subject to shareholders' approval in the General Meeting.
Key Highlights
- DSM Fresh Foods Ltd. has approved a loan facility of Rs. 20 Crore from Standard Chartered Bank.
- The company's Board has also approved providing a Corporate Guarantee of Rs. 5 Crore to Standard Chartered Bank for Avyom Foodtech Private Limited.