Modern Dairies Limited’s Board of Directors met on August 11, 2026, to approve the un-audited financial results for the quarter ended June 30, 2026. The Board also approved the re-appointment of Mr. Ashwani Kumar Aggarwal as Executive (Whole-Time) Director for three years, subject to shareholder approval. Additionally, the company appointed new statutory and cost auditors.
Board Approves Financial Results and Key Appointments
On Tuesday, August 11, 2026, the Board of Directors of Modern Dairies Limited convened a meeting where they considered and approved the un-audited financial results for the quarter ending June 30, 2026, along with the accompanying Limited Review Report. The Audit Committee had previously reviewed and recommended these results before their board approval.
Executive Leadership Re-appointment
A significant decision from the meeting was the approval of the re-appointment of Mr. Ashwani Kumar Aggarwal as Executive (Whole-Time) Director. This re-appointment is proposed for a term of three consecutive years, commencing from the ensuing Annual General Meeting (AGM) and extending until the conclusion of the AGM in 2029. This decision is contingent upon the approval of the company’s shareholders and is based on the recommendation of the Nomination and Remuneration Committee.
Auditor Appointments
The Board also approved the appointment of M/s. Sanjeev Sharma & Associates, Chartered Accountants (Firm Registration No. 12326N), as the Statutory Auditors of the Company for a term of one year. This term will commence from the conclusion of the upcoming AGM until the conclusion of the AGM in 2027, subject to shareholder approval. Furthermore, M/s. K K Sinha & Associates, Cost Accountants (Firm Regd. no 100279), were appointed as the Cost Auditors for the Financial Year 2026-27.
Other Key Decisions
In addition to the financial results and appointments, the Board approved the notice for the 34th Annual General Meeting, scheduled for Saturday, September 26, 2026, to be held via Video Conferencing. The date for the closure of the Register of Members and Share Transfer books was fixed 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. The company also appointed M/s. Sanger & Associates as scrutinizers for the AGM’s voting process and NSDL as the electronic securities depository for e-voting.
Source: BSE
