StockWatch
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Dairy Products
Board Meeting24 Jun 2026, 02:40 pm

Milkfood Ltd Board Meeting on June 30, 2026 to Consider Fund Raising

AI Summary

Milkfood Ltd has announced that its Board of Directors will convene on June 30, 2026. The primary agenda item is to consider and approve a proposal for raising funds through the issuance of fresh shares or warrants on a preferential basis. The company will also discuss other relevant matters, subject to necessary regulatory and shareholder approvals. If the board approves these proposals, they may also consider convening a General Meeting or initiating a Postal Ballot process to obtain shareholder consent. Additionally, the trading window for company securities will be closed until 48 hours after the board meeting concludes, in compliance with SEBI's insider trading regulations.

Key Highlights

  • Board meeting scheduled for June 30, 2026.
  • Proposal to raise funds via preferential issue of shares/warrants.
  • Shareholder approval may be sought via General Meeting or Postal Ballot.
  • Trading window closed until 48 hours post-board meeting.