Modern Dairies Limited’s Board of Directors convened on August 11, 2026, to approve the un-audited financial results for the quarter ended June 30, 2026. Key decisions included the re-appointment of Mr. Ashwani Kumar Aggarwal as Executive (Whole-Time) Director for three years, subject to shareholder approval. The board also approved the appointment of statutory and cost auditors for the upcoming financial year.
Board Meeting Outcomes for Modern Dairies Limited
On Tuesday, August 11, 2026, the Board of Directors of Modern Dairies Limited held a meeting where they considered and approved several significant items. The primary outcome was the approval of the Standalone Un-Audited Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report from the Statutory Auditors.
Key Personnel Appointments and Approvals
A notable decision was the re-appointment of Mr. Ashwani Kumar Aggarwal as Executive (Whole-Time) Director of the Company. This re-appointment is for a term of three consecutive years, commencing from the ensuing Annual General Meeting until the conclusion of the Annual General Meeting in 2029. This move is subject to the approval of the shareholders and is based on the recommendation of the Nomination and Remuneration Committee.
Furthermore, the Board approved the appointment of M/s. Sanjeev Sharma & Associates as the Statutory Auditors of the Company for a term of one year, effective from the conclusion of the forthcoming Annual General Meeting until the conclusion of the Annual General Meeting in 2027. This appointment also requires shareholder approval and was recommended by the Audit Committee.
In addition, M/s. K K Sinha & Associates were appointed as the Cost Auditors of the Company for the Financial Year 2026-27, also based on the Audit Committee’s recommendation.
Annual General Meeting and Reporting
The Board also fixed the date for the 34th Annual General Meeting of the shareholders to be held on Saturday, September 26, 2026, at 11:00 a.m. through Video Conferencing or Other Audio Visual means. The register of members and share transfer books will be closed from September 20, 2026, to September 26, 2026, inclusive. The Director’s Report and Corporate Governance Report for the Financial Year ended March 31, 2026, were also approved.
Financial Highlights
The un-audited financial results for the quarter ended June 30, 2026, show total income of ₹91,56.39 Lacs and a profit for the period of ₹2,13.70 Lacs. Total comprehensive income for the period stood at ₹2,76.86 Lacs. Basic earnings per equity share were ₹0.75.
Source: BSE
