StockWatch
·
Dairy Products
Quarterly Result8 May 2026, 07:31 am

Parag Milk Foods: FY26 Final Dividend of ₹1.10 Recommended

AI Summary

Parag Milk Foods Ltd. announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors recommended a final dividend of 11% (₹1.10 per share) subject to shareholder approval. Additionally, they approved the re-appointment of M/s. Harshad S. Deshpande & Associates as Cost Auditors for FY 2026-27, and the re-classification of Vitalia Tradeglob Private Limited from 'promoter group' to 'public' category. The company also allotted 10,00,000 equity shares to its ESOP Trust, increasing the issued and paid-up equity share capital to ₹126,10,95,540.

Key Highlights

  • Audited financial results for FY26 approved with unmodified audit opinion.
  • Final dividend of ₹1.10 per share recommended, subject to shareholder approval.
  • Re-appointment of M/s. Harshad S. Deshpande & Associates as Cost Auditors approved.
  • Vitalia Tradeglob Private Limited reclassified from 'promoter group' to 'public' category.
  • 10,00,000 equity shares allotted to Parag Milk Foods ESOP Trust.