Modern Dairies519287Preferential allotment listing
BSE grants listing approval for 35,00,000 equity shares issued on conversion of warrants
Modern Dairies has received BSE listing approval dated 13-10-2026 for 35,00,000 equity shares issued after conversion of warrants to Promoters and Promoter Group on a preferential basis.
By ScoutQuest · · 2 min read
- Shares listed approval
- 35,00,000 equity shares
- Face value
- Rs. 10/- each
- Issue premium
- premium of Rs. 40/- per share
What the company has informed
- Modern Dairies Ltd has received a letter dated 13 October 2026 from BSE Limited granting listing approval for 35,00,000 equity shares.
- These are the balance shares issued pursuant to conversion of warrants, allotted to the Promoters and Promoter Group on a preferential basis. The company had earlier informed the exchange on 10 September 2026 about the allotment of these shares.
- Each share has a face value of Rs. 10/- and was issued at a premium of Rs. 40/- per share.
- The shares bear distinctive numbers from 28496762 to 31996761.
What the approval means
- Listing approval means the exchange has cleared these shares for listing. Trading approval for these shares follows separately.
- BSE has said trading approval will be granted only after the company files, with the exchange, the listing approval from the National Stock Exchange of India Ltd. (if applicable), confirmation letters from NSDL/CDSL about crediting these shares to the respective beneficiary accounts and admitting the capital to the depository system, and confirmation letters from NSDL/CDSL about lock-in of pre-preferential holding (if applicable).
- The company is required to apply for trading approval within seven working days from the date of grant of listing approval.
- If there is a change exceeding two per cent of the total paid-up share capital of the company, the company must file the shareholding pattern in XBRL mode.
Why a retail investor may track this
- The shares were issued to promoters and promoter group, so the company's total number of shares has increased by this allotment.
- Listing and subsequent trading approval are administrative steps that allow the newly issued shares to be dealt in on the exchange, once the depository and other updates are completed.
What to watch next
- The company's update of the documents required for trading approval, and the depository credit of these shares.
Also from Modern Dairies
BSE grants trading approval for 35 lakh equity shares issued on warrant conversion
23 Oct 2026
Board approved Q2 and H1 FY27 standalone results with auditors' limited review report
19 Oct 2026
Board meeting on 19 October 2026 to consider and approve un-audited financial results
12 Oct 2026
More numbers
- Equity shares for which listing approval received35,00,000
- Face value per equity shareRs. 10/-
- Premium per equity shareRs. 40/-
- Distinctive numbers of the shares28496762 to 31996761
- Shareholding change threshold for XBRL updatetwo per cent
- Time to apply for trading approvalseven working days
Source: BSE · 13 Oct 2026
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