The promoter group of Modern Dairies Limited has successfully increased its total shareholding in the company to 22.36%. This substantial acquisition, completed on September 10, 2026, involved the purchase of 19,00,000 equity shares. The transaction, executed through market purchases, strengthens the promoter group’s control and signals continued commitment to the company’s future growth and strategy.
Promoter Group Boosts Stake in Modern Dairies
Modern Dairies Limited has disclosed a significant increase in its promoter group’s shareholding. The acquirer, comprising Krishan Goyal HUF, Mr. Aditya Goyal, and Chandigarh Finance Private Limited, has collectively raised their stake in the company. The acquisition was completed on September 10, 2026.
Key Transaction Details
The total number of shares acquired by the promoter group in this transaction amounts to 19,00,000 shares, representing 5.95% of the total share capital. This acquisition has consequently increased their total holding in Modern Dairies Limited to 71,35,764 shares, which now constitutes 22.36% of the company’s total equity share capital and voting rights. This move solidifies the promoter group’s position and investment in the company.
Acquisition Method and Capital Structure
The acquisition of shares was carried out through open market purchases, reflecting a strategic intent to consolidate ownership. The total equity share capital of Modern Dairies Limited before the acquisition stood at ₹30,01,98,610. Post-acquisition, the equity share capital has increased to ₹31,91,98,610, with the diluted share/voting capital also at the same figure, indicating no significant change in the overall capital structure concerning warrants or convertible securities.
Post-Acquisition Holding
Following the acquisition, Krishan Goyal HUF holds 22,80,000 shares (7.14%), Mr. Aditya Goyal holds 20,83,872 shares (6.53%), and Chandigarh Finance Private Limited holds 27,71,892 shares (8.68%). These figures collectively account for the new total holding of 71,35,764 shares (22.36%) by the promoter group.
Source: BSE
