DSM Fresh Foods Limited Appoints Go India Advisors LLP as Investor Relations Advisory Agency

1 min read     Updated on 02 Jan 2026, 07:07 PM
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DSM Fresh Foods Limited has appointed M/s Go India Advisors LLP as its Investor Relations Advisory Agency effective January 02, 2026. The Mumbai-based firm will strengthen the company's investor engagement and stakeholder communication. The appointment was officially communicated to BSE Limited by Managing Director Deepanshu Manchanda, reflecting the company's commitment to enhanced corporate communication.

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DSM Fresh Foods Limited has announced the appointment of M/s Go India Advisors LLP as its Investor Relations Advisory Agency, effective January 02, 2026. The company communicated this development to BSE Limited through an official intimation, highlighting its commitment to strengthening investor relations and stakeholder communication.

Appointment Details

The newly appointed advisory agency is headquartered at Table Spaces, 7th Floor, Godrej BKC, Plot No. C-68, Avenue 3, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051. The appointment represents a strategic move by the company to enhance its corporate communication framework.

Parameter: Details
Advisory Agency: M/s Go India Advisors LLP
Effective Date: January 02, 2026
Location: Bandra Kurla Complex, Mumbai
Purpose: Investor Relations Advisory Services

Strategic Objectives

The appointment has been made specifically to strengthen DSM Fresh Foods Limited's investor engagement and communication with shareholders and other stakeholders. This initiative demonstrates the company's focus on maintaining transparent and effective communication channels with its investor community.

Company Information

DSM Fresh Foods Limited, formerly known as DSM Fresh Foods Private Limited, trades on BSE under the scrip code 544568 with the scrip ID ZAPPFRESH. The appointment notification was signed by Deepanshu Manchanda, Managing Director (DIN: 07108044), and digitally submitted to the stock exchange on January 02, 2026.

Market Communication

The company has formally requested BSE Limited to take this information on record, ensuring proper disclosure to market participants. This appointment aligns with regulatory requirements for maintaining effective investor relations and transparent corporate communication practices.

Historical Stock Returns for DSM Fresh Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-8.22%-17.33%-26.17%-32.62%-32.62%-32.62%

DSM Fresh Foods Enters RTE & RTC Segment with Avyom Foodtech Acquisition

2 min read     Updated on 02 Jan 2026, 12:19 AM
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DSM Fresh Foods Limited has formally announced its strategic entry into the Ready-to-Eat and Ready-to-Cook segment through the acquisition of Avyom Foodtech Private Limited for up to ₹7.50 crores. The subsidiary subsequently entered a binding agreement to acquire Ambrozia Frozen Foods' operational business, featuring 15 tonnes daily processing capacity and 150+ SKUs portfolio in breakfast products and snacks.

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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.

Historical Stock Returns for DSM Fresh Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-8.22%-17.33%-26.17%-32.62%-32.62%-32.62%

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1 Year Returns:-32.62%