Announced Tue, 30 Jun · 12:42 IST
Board approves Rs 6.6 Cr preferential warrants to KMPs
Fund Raising View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.7%1-day move
₹75.78
prior close
₹74.25
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
——-0.3—-3.7-4.3-5.1-5.3-6.6-9.3-11.5———
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AI summary
Milkfood Ltd board approved issuing up to 22 lakh convertible warrants at Rs 30 each (Rs 5 face value plus Rs 25 premium) to raise Rs 6.60 crore on a preferential basis. Allottees are MD Sudhir Avasthi and President Deepankar Barat, each getting 11 lakh warrants (3.96 percent post-issue). EGM set for July 27, 2026. Warrants convertible into equity within 18 months.
Likely market impact
Dilution of about 7.92 percent for existing shareholders. Insider KMPs subscribing signals confidence, though the fundraise size is small.