DSM Fresh Foods Limited has successfully concluded its postal ballot voting process on February 06, 2026, with shareholders overwhelmingly approving two special resolutions under Regulation 44 of SEBI Listing Regulations. The company achieved a remarkable 95.36% approval rate for both resolutions, demonstrating strong shareholder confidence in the proposed corporate changes.

Postal Ballot Overview

The postal ballot process was conducted for 975 shareholders on record as of January 02, 2026. The voting commenced on January 08, 2026, at 09:00 AM and concluded on February 06, 2026, at 05:00 PM through the remote e-voting platform provided by Central Depository Services (India) Limited.

Resolution Results

Both special resolutions received identical voting patterns with strong shareholder support across all categories.

Resolution 1: IPO Proceeds Variation

The first resolution regarding variation in the objects and terms of utilization of Initial Public Offering proceeds was approved with requisite majority.

Resolution 2: Object Clause Alteration

The second resolution for alteration in the object clause of the company received identical voting results, reflecting consistent shareholder sentiment across both proposals.

Dissenting Shareholders

The scrutinizer's report identified five dissenting shareholders who voted against both resolutions, holding a combined 401,600 shares. The dissenting shareholders included Prashant Heda HUF (4,800 shares), Ruchir Bindal (65,000 shares), Swapna Biswas (4,800 shares), A P T Research Private Limited (262,000 shares), and Ankit Singh (65,000 shares).

Regulatory Compliance

The postal ballot was conducted in full compliance with Section 110 of the Companies Act, 2013, and SEBI Listing Regulations. Mr. Vivek Rawal of Rawal & Co., appointed as scrutinizer on December 31, 2025, submitted his report on February 09, 2026, confirming the transparent conduct of the voting process. The company published the required newspaper notifications in Financial Express and Jansatta on January 08, 2026, ensuring proper shareholder communication.

Corporate Impact

The successful passage of these resolutions enables DSM Fresh Foods Limited to proceed with strategic changes to its IPO proceeds utilization and corporate objectives. The strong approval rate of 95.36% across both resolutions indicates robust shareholder alignment with the company's strategic direction. Managing Director Deepanshu Manchanda signed the official communication to BSE Limited on February 10, 2026, formally concluding the postal ballot process.

DSM Fresh Foods Limited has announced the launch of Meevaa Foods, its new frozen vegetarian snacks brand, as part of a strategic expansion into the ready-to-eat and ready-to-cook food segment. The company has earmarked ₹10 crore investment over the next two to three years to scale frozen food operations, strengthen processing capabilities, and expand the product portfolio.

Investment and Market Strategy

The launch represents DSM Fresh Foods' response to growing demand for safe, hygienic, and convenient food options among urban consumers. The company has started with a pilot range of 12 frozen products, with plans to introduce additional products every quarter based on consumer response and category growth.

Product Portfolio and Manufacturing

The initial Meevaa Foods portfolio includes vegetarian frozen ready-to-eat and ready-to-cook products such as samosas, momos, kebabs, patties, tikkis, spring rolls, and gravies. All products are manufactured at export-certified facilities following strict hygiene and quality protocols.

The manufacturing process combines advanced food technology with traditional preparation methods. While machinery handles mixing and grinding for consistency and safety, the filling of products like momos, samosas, and tikkis is done by hand to deliver fuller portions. Food is prepared fresh and blast-frozen at minus 18 degrees in three stages to preserve taste, texture, and freshness while preventing bacterial growth.

Quality Standards and Certifications

Meevaa Foods products are free from MSG, preservatives, additives, and artificial food colouring. The range holds multiple certifications including:

• FSSAI
• USFDA
• HACCP
• Halal
• BRCGS

These certifications ensure compliance with both domestic and international food safety requirements. The frozen food range is already being exported to international markets, demonstrating adherence to global food safety and quality standards.

Market Expansion and Supply Strategy

Frozen food products will be available in Delhi NCR starting February 9, followed by Mumbai and Bengaluru from March 1. As part of its supply strategy, the company expects imports and exports to account for around 15-20 percent of its frozen food volumes.

According to Deepanshu, Managing Director at DSM Fresh Foods, the company's recent acquisition in the frozen and processed foods segment enabled fast-tracking this vision, allowing the frozen food range to reach market within just a few weeks while significantly strengthening manufacturing and processing capabilities.

Leadership Perspective

Preya Aggarwal, Director at DSM Fresh Foods, noted that the frozen food category in India is evolving rapidly, supported by better cold-chain infrastructure and changing consumer habits. The launch of Meevaa Foods aligns with the company's long-term vision of expanding into value-added foods and building capabilities that support both domestic consumption and exports.

With this launch, DSM Fresh Foods continues to strengthen its presence in value-added food categories while expanding its footprint across domestic and international markets, focusing on building scalable food brands backed by strong processing capabilities and reliable supply chains.