Parag Milk Foods Doubles Cheese Capacity to 120 MT/day

Parag Milk Foods Ltd. announced its Board of Directors has approved a brownfield expansion to double its cheese manufacturing capacity from 60 MT/day to 120 MT/day. This strategic move, with an estimated capital expenditure of ₹105 Cr, aims to cater to growing demand for cheese and whey protein. The expansion is expected to be completed by FY28. Additionally, Rakesh Kothari has been appointed as the new Chief Financial Officer & Key Managerial Personnel, effective August 7, 2026. The company also disclosed its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.