Modern Dairies Ltd has shared a disclosure regarding a change in promoter group shareholding resulting from the acquisition of 1,900,000 equity shares.

These shares were acquired by a promoter along with persons acting in concert through the conversion of previously issued convertible warrants.

This transaction alters the internal equity distribution among the promoter group.

For retail investors, such warrant conversions increase the company's paid-up equity base while consolidating promoter stakes, reflecting ongoing capital adjustments and management commitment to the firm's long-term capital structure.