Shareholding11 Sept 2026, 12:44 pm
Modern Dairies Promoter Acquires 5.95% Stake via Warrant Conversion
AI Summary
Mr. Krishan Kumar Goyal, Promoter of Modern Dairies Ltd, along with Persons Acting in Concert (PAC), has acquired an additional 19,00,000 equity shares, representing 5.95% of the total diluted share capital. This acquisition is a consequence of exercising the right of conversion of warrants issued on a preferential basis. Following this conversion, the total shareholding of the promoter group, including Krishan Goyal HUF and Chandigarh Finance Private Limited, has increased to 71,35,764 equity shares, constituting 22.36% of the total diluted share capital. The total value of the conversion is Rs. 31,91,98,610.
Key Highlights
- Promoter group acquired 19,00,000 shares via warrant conversion.
- Stake acquired represents 5.95% of total diluted share capital.
- Total promoter group holding now stands at 22.36% of diluted capital.
- Conversion is from warrants issued on preferential basis.
- Total value of conversion amounts to Rs. 31,91,98,610.
Price Impact
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