Key Quantitative Figures

  • Shares Acquired: 1,600,000 equity shares
  • Acquisition Date: August 25, 2026
  • Pre-conversion Equity Capital: ₹28,41,98,610
  • Post-conversion Equity Capital: ₹30,01,98,610
  • Total Diluted Capital: ₹31,91,98,610

Parties Involved

Acquirers (Promoter Group):

  • Mr. Krishan Kumar Goyal (Chairman & Managing Director)
  • Mrs. Alka Goyal
  • Mala Builders Private Limited

Regulatory Recipients:

  • BSE Limited
  • Board of Directors of Modern Dairies Limited

Shareholding Changes

Pre-acquisition Holdings:

  • Krishan Kumar Goyal: 3,997,543 shares (14.07% voting, 12.52% diluted)
  • Alka Goyal: 3,628,972 shares (12.77% voting, 11.37% diluted)
  • Mala Builders Private Limited: 800,000 shares (2.81% voting, 2.51% diluted)
  • Total Promoter Group: 8,426,515 shares (29.65% voting, 26.40% diluted)

Post-acquisition Holdings:

  • Krishan Kumar Goyal: 4,797,543 shares (15.98% voting, 15.03% diluted)
  • Alka Goyal: 4,028,972 shares (13.42% voting, 12.62% diluted)
  • Mala Builders Private Limited: 1,200,000 shares (4.00% voting, 3.76% diluted)
  • Total Promoter Group: 10,026,515 shares (33.40% voting, 31.41% diluted)

Mode of Acquisition

Conversion of warrants allotted to promoters and promoter group through preferential allotment, convertible into equity shares of the company.

Capital Structure Impact

  • Equity share capital increased by ₹1.60 crore (from ₹28.42 crore to ₹30.02 crore)
  • Promoter group voting percentage increased from 29.65% to 33.40%
  • Diluted share capital stands at ₹31.92 crore