Board of Directors in its Meeting held on 3rd April, 2026 has, inter alia, considered, noted and approved the following - 1. Proposal of availing of Loan facility from Standard Chartered ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
DSM Fresh Foods Ltd (Scrip: ZAPPFRESH, Code: 544568) held its first Board meeting for FY 2026-27 on 3rd April 2026. The Board approved availing a new loan facility of Rs. 20 crore from Standard Chartered Bank. Additionally, the Board approved providing a corporate guarantee of Rs. 5 crore to Standard Chartered Bank on behalf of Avyom Foodtech Private Limited, subject to shareholder approval in a General Meeting. The meeting lasted approximately 8 minutes.
The Rs. 20 crore fresh credit facility from Standard Chartered signals new debt being taken on, which increases the company's financial obligations. Shareholders should note the associated corporate guarantee for a related entity as well.