DSM Fresh Foods Limited has officially announced its strategic entry into the high-growth Ready-to-Eat (RTE) and Ready-to-Cook (RTC) segment through the acquisition of Avyom Foodtech Private Limited. The company issued a formal press release confirming the transaction details and its subsidiary's subsequent acquisition of Ambrozia Frozen Foods' operational business.
Strategic Acquisition of Avyom Foodtech
The board had previously approved an investment in Avyom Foodtech Private Limited through private placement, resulting in the target company becoming a subsidiary of DSM Fresh Foods Limited. The acquisition structure demonstrates the company's commitment to expanding its food processing capabilities:
| Parameter: |
Details |
| Target Company: |
Avyom Foodtech Private Limited |
| Investment Amount: |
Up to ₹7.50 crores |
| Shareholding Acquired: |
51% to 60% |
| Transaction Nature: |
Cash consideration through banking channels |
| Completion Timeline: |
Within 3-9 months from board approval |
Avyom Foodtech Private Limited, formerly known as IEY Education Private Limited, was incorporated on July 22, 2022. The company operates in food processing, manufacturing, and allied food products sector with its registered office at 9 Maha Laxmi Market Chandni Chowk, Central Delhi.
Ambrozia Frozen Foods Business Acquisition
On December 31, 2025, Avyom Foodtech Private Limited entered into a binding term sheet with Ambrozia Frozen Foods, a partnership firm, for the proposed acquisition of Ambrozia's operational food processing business on a going concern basis through a slump sale. The transaction is subject to customary conditions precedent, definitive agreements, and applicable approvals.
| Business Parameter: |
Details |
| Processing Capacity: |
Approximately 15 tonnes per day |
| Product Portfolio: |
150+ SKUs |
| Facility Status: |
Fully export-compliant, FSSAI-approved |
| Product Categories: |
Breakfast products, snacks |
| Key Products: |
Idli, medu vada, dosa fillings |
RTE & RTC Segment Expansion Strategy
The official press release highlights DSM Fresh Foods' strategic focus on entering the high-growth RTE and RTC segment. This acquisition represents a significant milestone in the company's diversification strategy, leveraging Avyom Foodtech's capabilities to establish a strong presence in the ready-to-eat and ready-to-cook food market. The combination creates substantial operational synergies and positions the company to capitalize on the growing consumer demand for convenient food solutions.
IPO Fund Reallocation Strategy
The board had also approved changes in the utilization of unutilized IPO funds, subject to shareholder approval through postal ballot:
| Fund Category: |
Original Amount |
Utilized |
Unutilized |
Proposed Variation |
Revised Amount |
| Capital Expenditure: |
₹1,067.75 lakhs |
₹242.42 lakhs |
₹825.33 lakhs |
-₹500.00 lakhs |
₹567.75 lakhs |
| Marketing Expenditure: |
₹1,500.00 lakhs |
₹141.82 lakhs |
₹1,358.18 lakhs |
-₹500.00 lakhs |
₹1,000.00 lakhs |
| Working Capital: |
₹2,500.00 lakhs |
₹2,235.45 lakhs |
₹264.55 lakhs |
No change |
₹2,500.00 lakhs |
| Unidentified Acquisition: |
₹217.78 lakhs |
₹154.41 lakhs |
₹63.37 lakhs |
+₹1,000.00 lakhs |
₹1,217.78 lakhs |
Corporate Governance and Compliance
The company has maintained full compliance with regulatory requirements, with Managing Director Deepanshu Manchanda signing the official press release. The transaction is being conducted in accordance with SEBI LODR Regulations, with the company confirming that appropriate disclosures will be made as the acquisition progresses through various completion stages. The Business Transfer Agreement will be executed upon finalization of due diligence, with further details to be disclosed as required under applicable laws.
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