Modern Dairies Ltd — Updates, 11-08-2025: Company Update
11-08-2025 | 03:54 pm
11-08-2025 | 03:54 pm
Modern Dairies Limited has reported on the utilization of capital raised through two recent initiatives, confirming no deviation in the use of these funds. From preferential issues, 10.75 Cr was raised and fully utilized to strengthen the capital base and for company operations. Additionally, 8.63 Cr was raised from the conversion of warrants to equity shares, with 6.11 Cr already deployed for similar long-term funding purposes. This update provides clarity on the deployment of investor capital, reinforcing financial transparency for shareholders.
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