
Board Meeting15 Jun 2026, 06:40 pm
Lactose India Board Meeting on June 18 to Consider Warrant Forfeiture
AI Summary
Lactose India Ltd has announced a Board of Directors meeting scheduled for June 18, 2026. The primary agenda item is to consider the forfeiture of 15,00,000 convertible share warrants allotted on a preferential basis to M/s. SG General Dealers LLP. This action is due to the non-payment of the balance consideration required for conversion into equity shares within the stipulated period. The meeting will also address any other business with the chair's permission.
Key Highlights
- Board meeting scheduled for June 18, 2026.
- Agenda includes forfeiture of 15,00,000 share warrants.
- Warrants to be forfeited due to non-payment of balance consideration.
- Action pertains to warrants allotted to M/s. SG General Dealers LLP.
Price Impact
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