Modern Dairies Promoter Stake Rises to 33.40% After Warrant Conversion
Modern Dairies’ promoter group raised its stake in the company to 33.40% of total voting capital after warrants were converted into equity shares. The holding increased from 29.65% following a promoter and PAC share allotment. The board approved standalone unaudited Q1FY26 results on Aug 11 under SEBI rules, with net profit up 68% year-on-year to ₹2.77 crore.