Incorporated in April, 1992, in the State of Haryana, Modern Dairies Ltd is engaged in the business of production of dairy products like packed liquid milk, skimmed milkpowder, whole milk powder, infant milk food, pure ghee and butter.
During the year 1997-98, the company was declared sick by the BIFR and was reffered to IFCI for rehabilitation.
During 1998-99, the BIFR sanctioned rehabilitation scheme and reliefs and concessions have been sanctioned by IFCI, PNB and Govt. of Haryana. Consequently, Rs 634 lacs of previous year's interest has been waived off and accounted for in the current financial year.
The Company has also got ISO-9002 certification by DNV, Norway with accreditation from RvA Netherlands.
In 2000-01, the company signed an commercial agreement with Britannia ...Industries for supply of Pasteurised Milk in consumer packs, in addition to Table Butter & Pure Ghee. which the company is supplying of quite some time. This year the company has also undertaken to add additional facilities for pasteurised poly pack Milk, cheese making and additional of some balancing equipments at a capital outlay of Rs.4.5 Crore funded by the Banks.
The Company launched two new traditional Indian dairy products i.e., Lassi and Paneer (Cottage cheese) in 2002. It started its business with Nestle for supply of Table Butter from May, 2003. The commercial production from the 2nd Casein Manufacturing Line was started in October, 2007. Thereafter, the Company strengthened its milk procurement infrastructure by increasing its Milk Chilling Centers, adding Bulk Milk Coolers in the milk shed area, commencing production of Pharma Grade Lactose, installation of new Effluent Treatment Plant, expansion of Whey Filtration System etc. during the year 2008-09. The commercial production for supply of Set Curd (Plain) for Delhi Metro and other towns of Punjab and Haryana commenced production in November, 2009.
1. Can I buy Modern Dairies Ltd from PL Capital? ›
Yes, you can invest in Modern Dairies Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Modern Dairies Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Modern Dairies Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Modern Dairies Ltd pay dividends? ›
Modern Dairies Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Modern Dairies Ltd ? ›
As of
05-12-2025 the share price for Modern Dairies Ltd. is 38.53 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Modern Dairies Ltd ? ›
The 52-week high and low of Modern Dairies Ltd share price is ₹ 37.21 - ₹ 73.99 as of
05-12-2025 .
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