Shareholding22 Jun 2026, 05:50 pm
Milkfood Ltd: Sudhir Avasthi & PACs Increase Stake to 5.27%
AI Summary
Milkfood Ltd has reported a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Sudhir Avasthi, along with Persons Acting in Concert (PACs) Manik Avasthi and Shabnam Avasthi, have increased their shareholding in Milkfood Limited from 3.27% to 5.27%. This increase is a result of the allotment of 5,50,000 equity shares under the Employee Stock Option Plan (ESOP) on June 22, 2026. The total number of shares held by the acquirer and PACs post-acquisition is 13,47,704.
Key Highlights
- Sudhir Avasthi and PACs increased Milkfood Ltd shareholding to 5.27%.
- Acquisition of 5,50,000 shares via ESOP allotment.
- Shareholding increased from 3.27% to 5.27%.
- Disclosure made under SEBI (SAST) Regulations, 2011.
Price Impact
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