Milkfood Ltd Allots 12,18,000 Equity Shares to Employees Under Stock Option Plan 2024
Milkfood Ltd has completed the allotment of equity shares to eligible employees following a meeting of its Board of Directors held on June 22, 2026. The issuance was executed under the Milkfood Limited Stock Option Plan 2024 ('MILKFOOD ESOS 2024/PLAN, SCHEME').The company allotted 12,18,000 equity shares to employees who exercised their equivalent Employee Stock Options. These newly issued shares are set to rank pari passu with the existing equity shares of Milkfood Ltd in all aspects.
The allotment has led to a significant increase in the paid-up share capital of the company. The updated financial structure is detailed below:
| Financial Metric | Details |
|---|---|
| New Shares Allotted | 12,18,000 equity shares |
| Face Value per Share | Rs. 5/- each |
| Total Equity Shares (post-allotment) | 2,55,96,180 |
| Paid-up Share Capital | Rs. 12,79,80,900/- |
The Board of Directors meeting, which oversaw the allotment, commenced at 10:00 A.M. and concluded at 11:00 A.M.
Stock Price Movement
Milkfood Ltd shares are ticking up at ₹72.80 as of 11:08, climbing 3.16% in active trading. The stock traded within its intraday range today, finding a low of ₹71.50 and peaking at ₹73.52.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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