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Modern Dairies Limited
5 articles
Increased promoter confidence in Modern Dairies is evident through significant warrant conversions, bolstering their stake in the company. Across multiple filings, promoter entities including Krishan Goyal HUF, Aditya Goyal, and Chandigarh Finance Private Limited, have converted a total of approximately 35 lakh warrants, injecting ₹43 crore into the company and raising the promoter group holding to 60.34% of the enhanced paid-up capital. This substantial investment signals a positive outlook for the dairy business and may attract investors seeking exposure to a company with strong internal support, though potential dilution effects from future warrant exercises should be considered.
Modern Dairies Promoters Convert 19 Lakh Warrants
Modern Dairies Ltd files SEBI PIT Regulation 7(2) disclosures for warrant conversions by promoter group entities.
Krishan Goyal HUF converts 4 lakh warrants to equity shares at ₹50 each, investing ₹2
Modern Dairies Promoters Acquire 19 Lakh Shares via Warrant Conversion
Disclosure under SEBI Takeover Regulations regarding acquisition of 19,00,000 equity shares by promoter group entities through conversion of preferentially allotted warrants.
Promoter group holding in
Modern Dairies Promoters Convert ₹43 Cr Warrants
Modern Dairies promoters converted 86 lakh warrants into equity shares at ₹50 per share (₹10 face + ₹40 premium).
Paid-up equity capital increased from ₹23.32 crore to ₹31.92 crore following the conve
Modern Dairies Promoters Acquire 16 Lakh Shares
Modern Dairies promoters acquired 16,00,000 equity shares via warrant conversion on 25-08-2026.
Total transaction value was ₹8.00 crores at ₹50 per share (₹40 premium).
Promoter Krishan Kumar Goyal's
Modern Dairies Promoters Acquire 1.6M Shares via Warrant Conversion
Modern Dairies promoters acquired 1.6 million shares through conversion of warrants issued via preferential allotment.
Total promoter group holding increased from 29.65% to 33.40% of voting capital po