Milkfood

Milkfood Ltd’s board approved a preferential issue of up to 22 lakh convertible warrants priced at ₹30 each, including a premium of ₹25, to raise ₹6.60 crore. The warrants, convertible into equity shares of face value ₹5, will be allotted to non-promoters Sudhir Avasthi—the company’s managing director—and Deepankar Barat, its president. Each will receive 11 lakh warrants, translating to a potential equity stake of 3.96% each on a fully diluted basis. The securities can be converted within 18 months of allotment, subject to payment of the full issue price. The fundraising, which requires shareholder approval, will be put to vote at an extraordinary general meeting scheduled for July 27, 2026. The company did not specify the intended use of proceeds in the disclosure.

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June 30 (Reuters) - Milkfood Ltd MLKF.BO:

• MILKFOOD - APPROVES PREFERENTIAL ISSUE OF WARRANTS UPTO 66 MILLION RUPEES

Source text: ID:nBSE69wXSb

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June 24 (Reuters) - Milkfood Ltd MLKF.BO:

• MILKFOOD - TO CONSIDER FUND RAISING VIA FRESH SHARES/WARRANTS ON PREFERENTIAL BASIS

Source text: ID:nBSE9qLthj

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Jan 16 (Reuters) - Milkfood Ltd MLKF.BO:

• MILKFOOD LTD - EXECUTES ASSET PURCHASE AGREEMENT FOR PROPERTY SALE

• MILKFOOD LTD - SALE FOR 1.30 BILLION RUPEES

Source text: ID:nBSE8pn1gL

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** Shares of Milkfood Ltd MLKF.BO are up 20% hitting their upper-circuit of 678.90 rupees

** Milk products maker to consider bonus issue of shares and stock split

** Stock hits upper circuit for the first time since Nov. 2019

** MLKF sees most active day since mid-February, vols at nearly 22x their 30 day avg

** Stock up 13% YTD

(Reporitng by Nishit Navin)

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