Shareholding26 Aug 2026, 05:01 pm
Modern Dairies Promoter Acquires 16 Lakh Shares via Warrant Conversion
AI Summary
Mr. Krishan Kumar Goyal, Promoter of Modern Dairies Ltd, along with Persons Acting in Concert (PAC), has acquired 16,00,000 equity shares. This acquisition follows the exercise of rights for conversion of convertible warrants issued on a preferential basis. The total holding of the acquirer and PAC post-acquisition is 1,00,26,515 shares, representing 33.40% of the total diluted share capital. The equity share capital of the company has increased from Rs. 28.42 Cr to Rs. 30.02 Cr post-acquisition.
Key Highlights
- Promoter Krishan Kumar Goyal acquired 16,00,000 equity shares.
- Acquisition was through conversion of preferential issue warrants.
- Total promoter group holding increased to 33.40% of diluted capital.
- Company's equity share capital increased post-warrant conversion.
Price Impact
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