Milkfood Ltd to hold EGM on July 27, 2026, to issue warrants

Milkfood Limited has announced its 1st Extra-ordinary General Meeting (EGM) for the 2026-27 fiscal year, scheduled for July 27, 2026, at 9:00 a.m. at its registered office in Bahadurgarh, Punjab. The primary agenda item is to consider and approve the issuance of up to 22,00,000 convertible warrants to non-promoter/public category individuals, Mr. Sudhir Avasthi and Mr. Deepankar Barat. These warrants, priced at ₹30 each, are convertible into equity shares of face value ₹5 each within 18 months of allotment. The issue is subject to regulatory approvals and terms outlined in the company's explanatory statement.