Milkfood Ltd — Important, 16-01-2026: Company Update

MILKFOOD LIMITED has sold its property and manufacturing unit in Moradabad, Uttar Pradesh, including land, building, and plant machinery, for Rs. 130 Crore. The company plans to use the net proceeds to reduce its borrowings and fund business development. This divested unit contributed Rs. 74.92 Crore (16.73% of turnover) in FY2024-25. The transaction involves an unrelated buyer and is not a related party transaction. This move aims to streamline operations and strengthen the balance sheet for future growth.