Modern Dairies Receives BSE Trading Approval for 35 Lakh Shares

Key Transaction Details

• Number of shares: 35,00,000 (Thirty-Five Lakh) Equity Shares
• Face value: ₹10 per share
• Issue premium: ₹40 per share
• Total issue value: ₹17.5 crore (35,00,000 shares × ₹50 per share including premium)
• Allottees: Promoters and Promoter Group
• Basis: Preferential allotment

Regulatory Approvals and Timeline

• Listing approval received from BSE Limited on October 13, 2026 (as referenced in earlier intimation)
• Trading approval received from BSE Limited on October 23, 2026
• BSE reference number: LOD / PREF / DD / 258/ 2026-2027
• Compliance: All applicable rules and regulations of SEBI and Companies Act, 2013

Capital Structure Impact

The issuance represents a significant capital infusion through preferential allotment to promoters, increasing the company's equity capital base. The shares were issued at a substantial premium of ₹40 per share over the face value of ₹10.