Acquisitions28 Feb 2026, 03:52 pm
Modern Dairies Ltd: Promoter Krishan Kumar Goyal Acquires 28,00,000 Shares via Convertible Warrants
AI Summary
Modern Dairies Ltd announced that promoter Krishan Kumar Goyal, along with persons acting in concert (PAC), have acquired 28,00,000 equity shares of the company. This acquisition is a result of exercising the right of conversion as per terms of issue of Convertible Warrants issued by the company on a preferential basis. The total holding of Krishan Kumar Goyal before this acquisition was 14.04% of the total diluted share capital, which has now increased to 28.01%.
Key Highlights
- Krishan Kumar Goyal and PAC have acquired 28,00,000 equity shares of Modern Dairies Ltd.
- This acquisition is a result of exercising the right of conversion as per terms of issue of Convertible Warrants.
- Krishan Kumar Goyal's total holding has increased from 14.04% to 28.01% of the total diluted share capital.
- The acquisition was made on 27th February 2026.
- Modern Dairies Ltd is listed on BSE Limited.