Milkfood Allots 22 Lakh Convertible Warrants At ₹30 Each

Milkfood allotted 22 lakh convertible warrants at ₹30 each to Sudhir Avasthi and Deepankar Barat after receiving ₹1.65 crore, representing 25% of the issue price. The balance 75% is payable upon conversion within 18 months, potentially raising ₹6.60 crore. Context: resolves the previously pending preferential-funding step.