Modern Dairies Ltd — Important, 02-03-2026: Company Update

Modern Dairies' Promoter and Promoter Group have increased their stake in the company. This was done by converting previously issued convertible warrants into new equity shares. Each share, holding a Rs. 10 face value, was acquired at a price of Rs. 50, which includes a Rs. 40 premium. This exercise of conversion rights highlights the promoter group's continued commitment and direct investment in the company, offering a key signal to investors regarding their conviction.