Desi Farms India Allots 6.48 Lakh CCPS for ₹8.75 Cr

Desi Farms India Ltd announced the allotment of 6,48,400 Compulsorily Convertible Non-Cumulative Preference Shares (CCPS) at a price of ₹135 per share, including a premium of ₹125. The total issue size amounts to ₹8,75,34,000. This allotment was made on a preferential basis to non-promoters and includes a portion for promoter group shareholders of SNA Milk and Milk Products Limited, as consideration for the acquisition of SNA through a share swap. The decision was approved in a Board Meeting and Securities Issue Committee Meeting held on July 9, 2026, following a special resolution from shareholders and in-principal approval from BSE.