DSM Fresh Foods rises on incorporating subsidiary company
DSM Fresh Foods is currently trading at Rs. 111.00, up by 0.82 points or 0.74% from its previous closing of Rs. 110.18 on the BSE.
The scrip opened at Rs. 113.00 and has touched a high and low of Rs. 115.45 and Rs. 111.00 respectively. So far 34800 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 208.00 on 20-Nov-2025 and a 52 week low of Rs. 81.05 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 118.00 and Rs. 81.05 respectively. The current market cap of the company is Rs. 247.39 crore.
The promoters holding in the company stood at 28.16%, while Institutions and Non-Institutions held 5.80% and 66.04% respectively.
DSM Fresh Foods has incorporated a subsidiary in the name and style of ‘Varuna Aquatech’ and received the Certificate of Incorporation issued by the Central Processing Centre, Ministry of Corporate affairs on April 27, 2026. The subsidiary is incorporated to carry on aquaculture, fisheries, processing, trading, export and allied activities, in line with expansion strategy of the company. The company holds 70.96% shareholding in new subsidiary.
Earlier, the board of directors of the company in its meeting held on March 17, 2026 had approved the same.
