Modern Dairies Ltd — Important, 14-02-2026: Company Update
14-02-2026 | 04:48 pm
14-02-2026 | 04:48 pm
Modern Dairies Ltd. submitted its statement on deviation or variation, confirming no deviation in the use of funds raised. The company raised 10.75 Cr via preferential issues and 8.63 Cr through warrant conversions. All these funds were fully utilized as intended to strengthen the capital base and support company operations. Both the Audit Committee and Board of Directors reviewed the statement, with no comments from either them or the auditors, indicating the funds were used for their stated purposes.
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