Milkfood Ltd Schedules Board Meeting to Consider Fresh Share Issue for Fund Raising
Milkfood Ltd has scheduled its Board of Directors meeting for Tuesday, June 30, 2026. The primary focus of the meeting is to consider a proposal concerning the raising of funds through the issue of Fresh Shares and Warrants on a preferential basis, along with other permissible matters.The Company announced that the board meeting is set to review this fund-raising initiative, which involves offering fresh shares or warrants via the preferential route. Should necessary, the Board may also consider conducting a General Meeting or implementing a Postal Ballot process to seek shareholder approval for the aforementioned proposals.
In adherence to company code of conduct and regulations regarding trading by insiders, the trading window for securities of Milkfood Ltd will remain closed until 48 hours before the conclusion of the Board Meeting. This measure is in place to regulate and monitor internal trading activities.
Stock Price Movement
Milkfood Ltd's shares are ticking down at ₹71.00, trading 0.22% lower as of 14:34. The stock navigated the day's volatility, finding a floor around ₹68.98 after reaching an intraday high of ₹71.50.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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