Dipak Kanayalal Shah acquired a 1.01% stake in Modern Dairies Ltd by subscribing to 3,22,000 shares through a rights issue.
A dairy manufacturer incorporated in 1992, Modern Dairies produces milk and milk products for consumers across India. The company operates across the complete value chain, from procurement of raw milk to processing, packaging, and distribution of dairy products. Modern Dairies serves retail and institutional customers through an established network of distribution channels spanning multiple regions.
A quiet accumulator of India's most overlooked microcap businesses. Built a ~₹152 Cr portfolio across 35 companies spanning specialty chemicals, pharma, packaging, and industrial components, mostly names that don't appear in any analyst's coverage universe. Portfolio DNA overlaps significantly with Sharad Kanayalal Shah, pointing to a disciplined family approach to finding businesses the market has completely ignored.
