Corporate Action23 Oct 2026, 05:00 pm
Modern Dairies: Trading Approval for 35 Lakh Equity Shares
AI Summary
Modern Dairies Ltd has received trading approval from BSE Limited for 35,00,000 equity shares, issued upon conversion of warrants. These shares were issued on a preferential basis to promoters and the promoter group, with each share having a face value of Rs. 10 and issued at a premium of Rs. 40. The approval follows the earlier receipt of listing approval from BSE. This development allows for the trading of these newly issued shares on the stock exchange.
Key Highlights
- BSE grants trading approval for 35,00,000 equity shares.
- Shares issued via warrant conversion on preferential basis.
- Promoters and promoter group are the recipients.
- Each share has a face value of Rs. 10 at Rs. 40 premium.
Price Impact
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