List of Dissenting Shareholders as per Regulation 59 and Schedule XX of SEBI ( Issue of Capital Disclosure Requirements),2018
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DSM Fresh Foods Ltd has submitted to BSE the list of shareholders who dissented on Resolution No. 1, which relates to a change in the stated objects of its initial public offering. A total of 5 shareholders holding 4,01,600 equity shares have registered their dissent. The largest dissenting holder is A P T Research Private Limited with 2,62,000 shares, followed by Ruchir Bindal and Ankit Singh with 65,000 shares each. This filing is made under Regulation 59 and Schedule XX of the SEBI ICDR Regulations, 2018. The company has also changed its name format from 'DSM Fresh Foods Private Limited' to 'DSM Fresh Foods Limited', indicating its listed-entity status post-IPO.
Shareholders should note that the company is changing the originally stated use of IPO funds, and dissenting investors are likely being given an exit opportunity under SEBI rules. While the dissent number is small relative to typical public float, it signals management's decision to redirect IPO proceeds, which investors should track for any impact on the company's growth plans and capital allocation.