Board of Directors at its meeting today has allotted 12,18,000 equity shares to the Eligible Employees pursuant to the exercise of equivalent number of Employee Stock Options of the Company ....

Milkfood Ltd. has allotted 1,218,000 equity shares to eligible employees who exercised their stock options under the Milkfood Limited Stock Option Plan 2024. This action increases the company's paid-up share capital to Rs. 12,79,80,900, comprising 2,55,96,180 equity shares of Rs. 5 each. The newly allotted shares will rank pari passu with existing equity shares. This is a standard compensation event aimed at aligning employee interests with the company.