DSM Fresh Foods shares rise after it incorporates new subsidiary Varuna AquatechDSM Fresh Foods shares rise after it incorporates new subsidiary Varuna Aquatech

Introduction

Leading fresh food company incorporated Varuna Aquatech Private Limited in India for aquaculture fisheries with 70.96 percent stake on April 27 2026 initiative expansion plan.

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Share price movement of DSM Fresh Foods

On April 28, 2026, DSM Fresh Foods Ltd opened at ₹113.00, up 2.56% from its previous close of ₹110.18. The stock reached a high of ₹115.45 and a low of ₹107.00. By 3:15 PM, it traded at ₹108.00, a 1.98% decrease, with a market cap of ₹240.70 crore.

DSM Fresh Subsidiary Incorporated

In continuation of disclosure dated March 17, 2026, DSM Fresh Foods Limited informed incorporation of subsidiary Varuna Aquatech Private Limited, receiving Certificate of Incorporation on April 27, 2026.

Company incorporated Varuna Aquatech Private Limited in India with share capital of 1,00,000 rupees, acquiring 70.96 percent stake for cash consideration of 70,960 rupees under expansion strategy aquaculture fisheries industry.

Varuna Aquatech Private Limited will engage in aquaculture, fisheries, processing, trading, export, hatcheries, fish farming, feed production, and allied aquatic activities as part of DSM Fresh Foods expansion strategy initiative.

Stock performance of DSM Fresh Foods for period of 1 week, 1 month, and 6 months

DSM Fresh Foods Ltd delivered a 1-week return of 2.67%, a 1-month return of 19.1%, and a 6-month return of -40.9%.

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Shareholding pattern of DSM Fresh Foods

Particulars	Mar 2026	Oct 2025
Promoter	28.20%	28.10%
FII	1.30%	6.50%
DII	9.50%	13.80%
Public	61.10%	51.60%

About DSM Fresh Foods

DSM Fresh Foods Ltd (BSE: 544568) operates Zappfresh, offering fresh meat, seafood, and ready-to-cook products through farm-to-fork model with cold-chain delivery and online platform.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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