Modern Dairies Ltd

Deviation and fund utilisation status

• Mode: preferential issue; Date raised: 13-03-2025; Amount raised: 1075.00 Lakhs.
• Mode: conversion of warrants to equity shares; Date raised: 20-03-2025; Amount raised: 862.50 Lakhs.
• Mode: conversion of warrants to equity shares; Dates raised: 26-02-2026 & 27-02-2026; Amount raised: 1050.00 Lakhs.
• There is no deviation/variation in use of funds raised.
• Audit Committee comments: No Comments.
• Monitoring agency: NA.
• Original object allocated 4300; funds utilised 1075; deviation not reported.
• Table summarises original vs modified objects and allocations; no deviation for all entries.
• Fund utilisation status: partially utilised for first tranche; fully utilised for second and third.

Financial results

• Standalone unaudited financial results for quarter ended 30 June 2026 approved; Limited Review Report issued.

Executive Director re-appointment

• Re-appointment of Ashwani Kumar Aggarwal as Executive (Whole-Time) Director for three years from AGM to 2029.

Statutory auditor appointment

• Appointment of Sanjeev Sharma & Associates as Statutory Auditors for one year from AGM to 2027.

Cost auditor appointment

• Appointment of M/s. K K Sinha & Associates as Cost Auditors for FY 2026-27.

AGM notice and related

• Notice of the 34th AGM to be held on 26 September 2026 via Video Conferencing.

Register closure

• Register of Members and Share Transfer Books to close 20-26 September 2026.

Director's Report & governance

• Approved Director's Report and Corporate Governance Report for year ended 31 March 2026.

Scrutinizer and e-voting

• Appointed M/s. Sanger & Associates as Scrutinizer and NSDL for e-voting.

Milk Cess regulatory matter

• Milk Cess liability under Haryana Act pending Supreme Court; Rs 22.01 crore provision as of 30 Jun 2026.
• Rs 9.91 crore deposited per court orders; last demand Rs 544.31 crore as of 31 Dec 2023.

SEBI relodgment status

• Report from MCS Share Transfer Agent dated August 6, 2026 confirms July 2026 relodgment status.
• No relodgment requests were received in July 2026 under SEBI window.
• No requests processed, approved, or rejected; average processing time 0 days.

Dematerialisation status

• Within 15 days of receipt, dematerialised securities were listed on stock exchanges.
• Certificates were mutilated and cancelled; the depository substituted as registered owner.

Relodgment status – June 2026

• No relodgment requests were received in June 2026.
• No requests were processed in June 2026.
• No approvals or rejections were recorded during the month.
• Average processing time for June 2026 requests is not applicable.
• Status is based on June 2026 data from MCS Share Transfer Agent Limited.