Promoters of Modern Dairies convert warrants into equity shares
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 2.2 pts less than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Three promoter group members of Modern Dairies Ltd acquired 16 lakh equity shares on 25 August 2026 by converting warrants issued earlier on a preferential basis at Rs 50 per share. Krishan Kumar Goyal got 8 lakh shares (Rs 4 crore, stake up to 15.98 percent), Alka Goyal got 4 lakh (Rs 2 crore, stake up to 13.42 percent), and Mala Builders Pvt Ltd got 4 lakh (Rs 2 crore, stake up to 4 percent). Total deal value is Rs 8 crore.
Promoters raising their stake signals confidence in the company. Conversion of warrants adds shares to float without fresh capital.