Modern Dairies Limited has announced the approval of its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors 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 M/s. Sanjeev Sharma & Associates and M/s. K K Sinha & Associates as Statutory and Cost Auditors, respectively.
Modern Dairies Approves Q1 FY27 Financial Results
Modern Dairies Limited’s Board of Directors convened on August 11, 2026, to consider and approve key corporate actions. The Board reviewed and adopted the Standalone Un-Audited Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report. These results were previously recommended by the Audit Committee.
Key Director Re-appointment and Auditor Appointments
In a significant move for corporate governance, the Board approved the re-appointment of Mr. Ashwani Kumar Aggarwal as Executive (Whole-Time) Director for a term of three consecutive years, commencing from the ensuing Annual General Meeting until the conclusion of the AGM in 2029. This re-appointment is contingent upon shareholder approval and is based on the recommendation of the Nomination and Remuneration Committee.
Furthermore, the shareholders’ approval will be sought for the appointment of M/s. Sanjeev Sharma & Associates (Firm Registration No. 12326N) as the Statutory Auditors for a term of one year, concluding at the Annual General Meeting in 2027. Following the recommendation of the Audit Committee, M/s. K K Sinha & Associates (Firm Regd. no 100279) have also been appointed as Cost Accountants for the Financial Year 2026-27.
Annual General Meeting and Shareholder Matters
The company also announced that the 34th Annual General Meeting will be held on Saturday, September 26, 2026, at 11:00 a.m. via 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.
To facilitate the voting process, M/s. Sanger & Associates have been appointed as scrutinizers for the AGM, and NSDL has been appointed as the electronic securities depository for the e-voting process.
Source: BSE
