Modern Dairies Ltd — Important, 26-08-2026: Company Update

Modern Dairies Ltd. has disclosed that its Promoters and Promoter Group have acquired equity shares. These shares, with a face value of Rs. 10 each, were acquired at a price of Rs. 50 per share, including a premium of Rs. 40. The acquisition resulted from the conversion of Convertible Warrants previously issued by the company on a preferential basis. This action signifies increased promoter holding, often seen as a positive signal of their confidence in the company's future.