Board Meeting3 Nov 2026, 10:41 pm
Parag Milk Foods Board Approves Q2 FY27 Unaudited Results & Merger Scheme
AI Summary
Parag Milk Foods Limited announced the outcome of its Board Meeting held on November 3, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Additionally, the Board approved a Scheme of Amalgamation for Bhagyalaxmi Dairy Farms Private Limited, a wholly-owned subsidiary, to merge with Parag Milk Foods, subject to NCLT and other regulatory approvals. The financial results have undergone a limited review by the statutory auditors.
Key Highlights
- Board approved Q2 FY27 unaudited standalone and consolidated financial results.
- Scheme of Amalgamation for subsidiary Bhagyalaxmi Dairy Farms approved.
- Merger is subject to NCLT and other regulatory approvals.
- Financial results were reviewed by statutory auditors.
- Results are available on the company website and stock exchanges.
Price Impact
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