Milkfood Allots 22 Lakh Warrants Worth ₹6.60 Crore To Non-Promoters

Board allotted 22 lakh convertible warrants at ₹30 each, raising ₹6.6Cr; 25% upfront subscription of ₹1.7Cr received from two non-promoter allottees. Completes the previously pending warrant allotment and provides near-term funding, but the balance 75% is payable only upon conversion within 18 months. Paid-up capital is unchanged currently; conversion would create 22 lakh equity shares and dilution. Warrants are subject to regulatory lock-in.