StockWatch
·
Dairy Products
AGM/EGM1 Oct 2026, 04:50 pm

Parag Milk Foods AGM: All Resolutions Approved by Shareholders

AI Summary

Parag Milk Foods Limited held its 34th Annual General Meeting (AGM) on September 29, 2026, via Video Conference. The company announced that all resolutions presented at the AGM, including the adoption of audited financial statements for FY26 and the declaration of an 11% dividend (₹1.10 per equity share), were duly approved by the shareholders with the requisite majority. The voting results, consolidated from remote e-voting and e-voting during the AGM, were submitted along with the Scrutinizer's Report. The total number of shareholders on the record date was 89,956. Promoters and promoter group held 50,861,459 shares, while public institutions held 16,253,152 shares and public non-institutions held 58,494,943 shares.

Key Highlights

  • All resolutions passed at the 34th AGM of Parag Milk Foods.
  • Audited financial statements for FY26 adopted by shareholders.
  • An 11% dividend (₹1.10 per share) was approved.
  • Voting results confirmed strong shareholder approval.
  • AGM conducted via Video Conference as per regulations.