Parag Milk Foods Appoints Rakesh Kothari as CFO

Parag Milk Foods Ltd. announced the appointment of Mr. Rakesh Kothari as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective August 7, 2026. This follows a Board Meeting held on August 6, 2026. The company also approved a significant expansion of its cheese manufacturing capacity by 60 MT/day, increasing it to 120 MT/day with an investment of approximately ₹105 Crore. This expansion is planned as a brownfield project and is expected to be completed by FY2027-28. Mr. Pritam Shah will be relieved of his interim CFO duties but will continue as Managing Director.