BSEModern Dairies LtdMediumNeutral
Announced Tue, 24 Jun · 16:27 IST

Please find attached disclosure under Regulation 7(2) of SEBI(PIT) Regulations, 2015, received from Mr. Krishan Kumar Goyal, Promoter of the Company on acquisition of shares(Inter se Transfer) ....

Promoter Stake BuyOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Modern Dairies Ltd informed BSE about a disclosure received from promoter Mr. Krishan Kumar Goyal regarding acquisition of 5,00,000 equity shares through transmission (inter-se transfer) from Late Shri Amarjit Goyal, another promoter who passed away in December 2018. Mr. Krishan Kumar Goyal was the joint holder of these shares. As a result, his shareholding in the company increased from 30,97,543 shares (12.09%) to 35,97,543 shares (14.04%), a rise of nearly 2 percentage points. This is not a market purchase but an internal transfer within the promoter group due to inheritance, executed off-market on 19-06-2025.

Likely market impact

No impact on overall promoter group holding since the shares merely moved from one promoter to another via transmission. Shareholders need not be concerned about any change in control or dilution.