Modern Dairies Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

The promoter and promoter group of Modern Dairies Limited have increased their stake in the company. This occurred through the conversion of warrants, previously allotted via preferential allotment, into equity shares. As a result, the promoter group's voting rights holding rose from 38.94% to 44.97%. The company's total equity share capital also significantly increased from Rs 125.92 Cr to Rs 284.92 Cr after this conversion. This move strengthens the promoters' control and shows their confidence in the company's future.