DSM Fresh Foods Ltd

DSM Fresh Foods Limited (formerly DSM Fresh Foods Private Limited) held its 1st Extra-Ordinary General Meeting (EGM) on July 25, 2026, via Video Conferencing. The meeting, chaired by Managing Director Deepanshu Manchanda, focused on a special resolution to approve loans, guarantees, or security under Section 185 of the Companies Act, 2013, up to ₹100 Crores. The company facilitated remote e-voting through CDSL from July 22 to July 24, 2026. No queries were raised by the 22 members present, including promoters. The results of the voting and the Scrutinizer's Report will be submitted to BSE and published on the company and CDSL websites.

DSM Fresh Foods Ltd has announced a schedule of 'one on one' and group meetings with investors, including Lucky Investment Managers Private Limited, AlfAccurate Advisors Private Limited, and One Group. These meetings, set to take place on July 28, 2026, will be conducted in person. The company will discuss its latest investor presentation, available on www.zappfresh.com. Importantly, no unpublished price-sensitive information will be shared during these interactions. The meetings are part of the company's ongoing engagement with stakeholders under SEBI regulations.

DSM Fresh Foods Ltd announced its provisional business update for Q1 FY27, reporting Revenue from Operations of approximately ₹74 crore, a 58% year-on-year growth. The pro-forma revenue, including the recently acquired Meevaa Foods, stands at ₹85 crore, reflecting an 82% YoY growth. The company expanded its retail footprint to 200 co-branded outlets, exceeding its FY27 target. Key strategic initiatives included strengthening its omnichannel distribution, scaling Meevaa Foods, and enhancing its integrated farm-to-fork ecosystem. The update highlights progress in international markets and the expansion of its branded consumer business.

DSM Fresh Foods Limited has successfully completed the acquisition of Avyom Foodtech Private Limited, making it a wholly owned subsidiary. This strategic move, involving a cash consideration of ₹1 Lakh, strengthens DSM Fresh Foods' presence in the food processing and allied sectors. Avyom Foodtech, formerly IEY Education Private Limited, reported a turnover of ₹14,90,284 for FY 2024-25. The acquisition is expected to yield operational synergies, expand the product portfolio, and enhance market reach. The transaction was conducted on an arm's length basis, with common promoters and directors in both entities.

DSM Fresh Foods Ltd has issued a revised filing to rectify inadvertent errors in its previous submission pertaining to the Board of Directors' meeting on May 27, 2026. During the compilation and uploading process for the Standalone and Consolidated Financial Results for the financial year ended March 31, 2026, declarations were omitted, and an unsigned copy of the Consolidated Financial Results was uploaded instead of the duly signed version. The company states these were clerical oversights and did not affect the financial results approved by the Board. The revised submission includes the omitted declarations and the correctly signed Consolidated Financial Results.

DSM Fresh Foods Ltd, operating as Zappfresh, is evaluating a potential ₹40 crore annual revenue opportunity from expanding its aquaculture sourcing network. Following participation in Aqua Ex North East 2026, the company is considering onboarding approximately 1,200 fish farmers. This initiative could lead to an annual fish procurement of 2,500 tonnes upon network maturity. Additionally, DSM is in discussions for 3-4 strategic partnerships or MoUs to enhance its sourcing ecosystem. These opportunities are under management evaluation and subject to commercial discussions and approvals.

DSM Fresh Foods Ltd has announced an Extra-Ordinary General Meeting (EGM) scheduled for Saturday, July 25, 2026. The meeting will be conducted via Video Conferencing (VC)/Other Audio-Visual Means (OAVM) to transact special business. The notice for the EGM, along with an explanatory statement, is available on the company's website. The cut-off date for determining shareholder eligibility for voting is Saturday, July 18, 2026. Remote e-voting will be open from Wednesday, July 22, 2026, to Friday, July 24, 2026. The company is sending the notice electronically to members whose email addresses are registered.

DSM Fresh Foods Limited's Board of Directors convened on June 26, 2026, approving key financial and procedural matters. The board sanctioned a proposal to seek shareholder approval via special resolution for granting loans, guarantees, or securities up to an aggregate limit of ₹100 Crores. Additionally, they approved the notice for the 1st Extra-Ordinary General Meeting (EGM) scheduled for July 25, 2026, to be held via Video Conferencing. The cut-off date for determining voting eligibility for the EGM was set as July 18, 2026. The appointment of Ms. Kanika as Scrutinizer for the e-voting process was also approved, alongside entering into related party transactions in compliance with relevant sections of the Companies Act and SEBI LODR Regulations.

Mr. Deepanshu Manchanda, Promoter of DSM Fresh Foods Limited and Goodwill Ambassador to United Nations IIMSAM, was felicitated at a UN IIMSAM Foundation Day event in New Delhi on June 15, 2026. The recognition acknowledges his leadership and the company's contributions to food accessibility, malnutrition reduction, and hunger eradication efforts aligned with UN SDGs. The event highlighted IIMSAM's global initiatives and saw participation from various dignitaries. This felicitation underscores the company's commitment to sustainable food ecosystems and social well-being.

Priya Aggarwal, an immediate relative of a promoter and director of DSM Fresh Foods Ltd, has purchased 52,800 equity shares, increasing her stake to 1.01%. The transaction, valued at an undisclosed amount, occurred on June 8, 2026, and was disclosed to the company on June 13, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. This disclosure falls under the 'Insider Trading' category as it pertains to changes in promoter group shareholding.