Corporate Action22 Apr 2026, 03:11 pm
Modern Dairies gets BSE trading approval for 28 lakh equity shares
AI Summary
Modern Dairies Ltd has received trading approval from BSE Limited on April 22, 2026, for 2,800,000 equity shares. These shares were issued to promoters and the promoter group following the conversion of warrants on a preferential basis. Each share has a face value of ₹10 and was issued at a premium of ₹40. This trading approval follows a previous listing approval received on April 10, 2026, in accordance with SEBI and Companies Act regulations.
Key Highlights
- BSE granted trading approval for 28 lakh equity shares.
- Shares issued to promoters and promoter group via warrant conversion.
- Each share issued at ₹10 face value plus ₹40 premium.
- This approval follows a prior listing approval from BSE.
Price Impact
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