DSM Fresh Foods Ltd

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.

DSM Fresh Foods Ltd, operating as Zappfresh, has signed a Memorandum of Understanding (MoU) with Gohpur Fish Farmer Producer Company Limited to develop the Assam Aqua Project. This initiative aims to establish a 100-acre integrated freshwater fish farming ecosystem in Gohpur, Assam, with a target production of 300 tonnes annually. The project focuses on strengthening backward integration, improving sourcing consistency, and enhancing supply chain efficiency for Zappfresh's seafood business. It also plans to develop processing, cold chain, and distribution infrastructure, while creating employment opportunities and supporting local farming communities. This marks Zappfresh's second aquaculture partnership, further expanding its seafood sourcing network.

DSM Fresh Foods Ltd has filed a revised disclosure under SEBI's Prohibition of Insider Trading Regulations, 2015. Mrs. Priya Aggarwal, an immediate relative of Promoter Mr. Deepanshu Manchanda and falling under the Promoter Group, purchased 73,200 equity shares of the company. This transaction increases her total shareholding to 1,72,404 equity shares, representing 0.77% of the total equity. The purchase was made on the open market on June 4, 2026, and disclosed to the company on June 8, 2026.

DSM Fresh Foods Ltd has disclosed a change in shareholding as per SEBI PIT Regulations. Mrs. Priya Aggarwal, an immediate relative of promoter Mr. Deepanshu Manchanda and a director, purchased 73,200 equity shares. This acquisition represents 0.33% of the total equity, increasing her total holding to 1,72,404 shares, or 0.77%. The transaction was executed on the BSE market on June 4th, 2026, with the disclosure made to the company on June 6th, 2026.

DSM Fresh Foods Limited announced a significant strategic move following its Board of Directors meeting on June 02, 2026. The company has approved increasing its stake in Avyom Foodtech Private Limited from an initial proposed 75% to a full 100% acquisition. This move is aimed at strengthening DSM Fresh Foods' presence in the food processing and allied sector. The acquisition, valued at up to ₹10.00 crores, is expected to be completed within 3-9 months and will result in Avyom Foodtech becoming a wholly-owned subsidiary. Additionally, the board appointed Harish Kumar & Associates as the Secretarial Auditor for the financial year ended March 31, 2026.

DSM Fresh Foods Ltd announced its participation in the GIA Promoters Conference 2026, scheduled for June 24, 2026, at The St. Regis, Mumbai. The conference aims to facilitate focused interactions between the company and a select group of institutional investors, mutual funds, AlFs, family offices, and sell-side analysts. This event is expected to provide a platform for deeper engagement and discussion on the company's prospects.

DSM Fresh Foods Ltd has announced the launch of its 'Meevaa Foods' brand on Amazon India, marking a significant expansion of its e-commerce presence. The brand's portfolio, which includes frozen snacks like momos, spring rolls, and kebabs, is now accessible across approximately 350 Amazon fulfillment and distribution points nationwide. This move is part of the company's broader strategy to capture the growing demand for ready-to-cook and convenience-led frozen food products in urban markets. The company is leveraging its recent acquisition of Avyom Foods to enhance its processing capabilities and supply chain integration to support this pan-India distribution.

DSM Fresh Foods Limited (Zappfresh) reported strong growth in FY26, with revenue increasing by 69% YoY to ₹2,208 million. EBITDA grew by 91% to ₹311 million, with a margin of 14.1%. The company's PAT increased by 59% YoY to ₹143 million, despite a one-time deferred tax charge. Strategic acquisitions, expansion of the Meevaa Foods brand, seafood backward integration, and retail store expansion contributed to the company's performance. The company also received recognition and awards for its innovation and growth.