Milkfood

Milkfood allotted 22 lakh convertible warrants to Sudhir Avasthi and Deepankar Barat, both classified as non-promoter allottees, at ₹30 each on a preferential basis. It received ₹7.50 per warrant, or 25% of the issue price, amounting to ₹1.65 crore; the remaining 75% would be payable if the warrants were converted into equity shares within 18 months. The allotment followed board approval on 30 June, shareholder approval at an extraordinary general meeting on 27 July and BSE in-principle approval on 25 August. Milkfood's FY26 revenue from operations was ₹412.93 crore, while reported PAT of ₹44.29 crore included ₹71.66 crore of other income and adjusted PAT was ₹9.81 crore.

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Milkfood allotted 22 lakh convertible warrants at ₹30 each to Sudhir Avasthi and Deepankar Barat, both non-promoter allottees, after receiving 25% of the issue price. Each warrant can be converted into one equity share on payment of the remaining 75% within 18 months, while paid-up share capital remains unchanged until conversion. The board had approved the proposed ₹6.60 crore issue on June 30, and shareholders authorised it at an extraordinary general meeting on July 27. Milkfood reported FY26 revenue from operations of ₹412.93 crore and adjusted PAT of ₹9.81 crore after audit-related adjustments.

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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

Further company coverage: MLKF.BO

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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

Further company coverage: MLKF.BO

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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

Further company coverage: MLKF.BO

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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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