Allotment of 22,00,000 Equity Shares pursuant to conversion of 22,00,000 Convertible Warrants.

MILKFOOD LIMITED 5th Floor, 91, Bhandari House, Nehru Place, New Delhi-110 019 Ph.: 011-26460670-4 / 26463773 E-mail . milkfoodltd@milkfoodltd.com, Website : www.milkfoodltd.com CIN : L15201PB1973PLC003746 GST : 07AAACM5913B1ZY Date: 30.10.2026 MFL\SCY\2026 - 27 BSE Limited Corporate Relationship Department, 1st Floor, New Trading Ring. Rotunda Building, P J Towers. Dalal Street, Fort, Mumbai - 400 001 022-2272 3121,2037,2061 corp.relations@bseindia.com Scrip Code: 507621 Sub.: Outcome ofthe Board Meeting held today on 30.10.2026 Ref: Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, This is to inform you that the meeting of the Board of Directors of the Company was held today i.e. Friday, 30th October, 2026 at 5th Floor, 91, Bhandari House, Nehru Place, New Delhi-110 019, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company have, inter-alia, considered and approved the allotment of 22,00,000 Equity Shares of Rs. 5/- each, consequent to conversion of equal number of warrants issued earlier on preferential basis, at an issue price of Rs. 30/- per warrant (including a premium of Rs. 25/- per share), to the Non-Promoter / Public Category, upon receipt of the balance consideration from the allottees pursuant to exercise of their rights of conversion in accordance with SEBI (ICDR) Regulations, 2018. Details of Allottees: s. Name of Allotees No of No. of No of equity No of warrants No. warrants warrants shares pending for allotted applied for allotted conversion conversion 1. Mr. Sudhir Avasthi 11,00,000 11,00,000 11,00,000 Nil 2. Mr. Deepankar Barat 11,00,000 11,00,000 11,00,000 Nil Total 22,00,000 22,00,000 1 22,00,000 Nil Regd. Office : P.O. Bahadurgarh-147021 Distt. Patiala (Punjab) Phones: 0175-2381404/2381415 E-mail: unitpatiala@milkfoodltd.com MILKFOOD LIMITED 5th Floor, 91, Bhandari House, Nehru Place, New Delhi-110 019 Ph.: 011-26460670-4 / 26463773 E-mail: milkfoodltd@milkfoodltd.com, Website : www.milkfoodltd.com CIN : L15201PB1973PLC003746 GST : 07AAACM5913B1ZY The equity shares so allotted shall rank pari passu in all respects with the existing equity shares of the Company. Consequent to the conversion of warrants and allotment of equity shares, the issued and paid-up share capital of the Company stands increased to Rs. 13,89,80,900/-, comprising 2,77,96,180 equity shares of Rs. 5/- each. The details as required under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are provided in Annexure-I. The Board meeting commenced at 1:30 P.M. and concluded at 2:30 P.M. You are requested to kindly take the above information on records. Thanking you, Yours Faithfully, For MILKFOOD LIMITE Rakesh Kumar Thakur\< Company Secretary and Officer M No. F9809 Regd. Office : P.O. Bahadurgarh-147021 Distt. Patiala (Punjab) Phones: 0175-2381404/2381415 E-mail: unitpatiala@milkfoodltd.com MILKFOOD LIMITED 5th Floor, 91, Bhandari House, Nehru Place, New Delhi-110 019 Ph.: 011-26460670-4 / 26463773 E-mail: milkfoodltd@milkfoodltd.com, Website : www.milkfoodltd.com CIN : L15201PB1973PLC003746 GST : 07AAACM5913B1ZY Annexure-I The details as required under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are as under: S. No. Particulars Disclosures 1 Type of securities Equity Shares pursuant to conversion of warrants. proposed to be Issued 2 Type of issuance Preferential Allotment 3 Total number of Allotment of 22,00,000 Equity Shares of face value of Rs. 5.00/- securities proposed to be each at an issue price of Rs.30.00/- each (including a premium of Rs. issued or total amount 25.00/- per share) upon conversion for equal number of Warrants for which the securities issued earlier on preferential basis. will be issued Additional information in case of preferential issue: 4 Name and number of the 1. Mr. Sudhir Avasthi Investor(s) 2. Mr. Deepankar Barat 5 Post allotment of securities - outcome of Name of the Pre- Issue No. of Post issue Equity the subscription, issue Allottee(s) Equity holding Shares Holding after price / allotted price (in before the allotted exercise of case of convertibles) allotment upon Warrants No. of % conversi No. of % shares on of shares warrant Mr. Sudhir 1127160 4.40 11,00,000 22,27,160 8.01 Avasthi Mr. Deepankar 698000 2.73 11,00,000 17,98,000 6.47 Barat Warrants were allotted on September 7, 2026 carrying a right to subscribe to 1 (one) Equity Share per warrant on receipt of subscription amount being 25% of the issue price per warrant. Now, 22,00,000 Equity Shares have been allotted on receipt of balance amount being 75% of the issue price per warrant. 6 In case of convertibles - Exercise of 22,00,000 warrants into 22,00,000 fully paid-up Equity intimation on Shares of Rs.5.00/- each at an issue price of Rs.30.00/- each conversion of securities (including a premium of Rs. 25.00/- per share) or on lapse of the tenure of the instrument Regd. Office : P.O. Bahadurgarh-147021 Distt. Patiala (Punjab) Phones: 0175-2381404/2381415 E-mail: unitpatiala@milkfoodltd.com