Modern Dairies Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 23, 2007, to transact the following:
1. Take on record the Un-audited (Reviewed) Quarterly results of the Company for the 1st Quarter ended June 30, 2007.
2. To consider and approve the Audited Balance Sheet & Financial Results of the Company for the year ended March 31, 2007 and Profit and Loss Account for the period ended on that date.
3. To consider declaration of Bonus Shares to the Equity Share Holders.
The stock was trading at Rs.36.75, up by Rs.1.75 or 5%. The stock hit an intraday high of Rs.36.75 and low of Rs.35.50. The total traded quantity was 41894 compared to 2 week average of 50941.