DSM Fresh Foods Limited has incorporated a new subsidiary, Varuna Aquatech Private Limited, on April 27, 2026. The company received the Certificate of Incorporation issued by the Central Processing Centre, Ministry of Corporate Affairs, as disclosed to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The subsidiary has been incorporated with a share capital of 1,00,000 and will operate in the aquaculture, fisheries, and food processing industry. DSM Fresh Foods Limited has acquired 70.96% shareholding in Varuna Aquatech Private Limited through cash consideration amounting to Rs. 70,960. The shares were acquired by subscribing to the Memorandum of Association of the company.

Key Details of the Incorporation

Business Objectives

The subsidiary has been incorporated to carry on aquaculture, fisheries, processing, trading, export, and allied activities, in line with the expansion strategy of DSM Fresh Foods Limited. Varuna Aquatech's main business activities will include pisciculture, aquaculture, mariculture, and allied operations such as breeding, hatching, rearing, farming, culturing, processing, preserving, canning, freezing, storing, transporting, marketing, importing, and exporting fish, prawns, shrimps, crabs, lobsters, mollusks, shellfish, and other aquatic organisms.

The entity will establish, own, operate, manage, lease, or acquire fish farms, hatcheries, ponds, tanks, reservoirs, raceways, cages, recirculatory aquaculture systems, biofloc units, and other aquaculture infrastructure for the cultivation and production of freshwater, brackish water, and marine species. Additionally, the subsidiary will engage in manufacturing and dealing in fish feed, aqua feed, feed supplements, probiotics, medicines, growth promoters, vaccines, water treatment chemicals, aerators, nets, and other equipment used in aquaculture and fisheries.

Additional Operations

Varuna Aquatech will also undertake processing and value addition activities including cleaning, grading, filleting, freezing, packaging, branding, labeling, cold storage, and distribution of fish and fish products for domestic and international markets. The subsidiary will carry on research, development, consultancy, training, and extension services in the field of fisheries, aquaculture, sustainable marine practices, and aquatic resource management. The turnover for the last three years is not applicable as the entity has been newly incorporated on April 27, 2026, and has no prior operational history in India or any other country.

Event Timeline

DSM Fresh Foods Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the mandatory certificate under Regulation 74(5) of SEBI regulations on April 13, 2026, through Managing Director Deepanshu Manchanda. The filing confirms the company's adherence to dematerialisation compliance requirements for Q4 FY26.

Certificate Details

Maashitla Securities Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 8, 2026. The RTA confirmed that all securities received from Depository Participants for dematerialisation during the quarter were properly processed according to regulatory guidelines.

Dematerialisation Activity

The quarterly report shows no dematerialisation activity during Q4 FY26. Both acceptance and rejection tables for securities certificates indicate zero transactions, with all fields marked as nil for the period from January 1, 2026 to March 31, 2026.

Company Information

DSM Fresh Foods Limited, formerly known as DSM Fresh Foods Private Limited, trades on BSE under scrip code 544568 with the scrip ID ZAPPFRESH. The company maintains its registered office at Vishal Tower, District Centre Janakpuri, New Delhi, with Deepanshu Manchanda serving as Managing Director.

The compliance certificate ensures transparency in the company's dematerialisation processes and maintains regulatory adherence as required by SEBI guidelines for listed entities.