Modern Dairies Ltd — Important, 28-02-2026: Company Update

Modern Dairies' promoter group, led by Mr. Krishan Kumar Goyal, has increased its shareholding by acquiring 2,800,000 Equity Shares. This acquisition occurred through the conversion of previously issued convertible warrants. As a result, the promoter group's stake in the company has risen from 38.94% to 44.97% of the total voting capital. This indicates the promoter's enhanced confidence and commitment to the company, potentially signaling positive long-term prospects for shareholders. Following this conversion, the company's total equity share capital has increased from Rs. 12.59 Cr to Rs. 28.42 Cr.