Parag Milk Foods Ltd

Parag Milk Foods Limited has announced the closure of its trading window for designated persons and their immediate relatives, effective July 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal policy. The window will remain shut until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. The specific date for the board meeting to approve these results will be communicated separately. This measure is standard practice to prevent potential insider trading during sensitive financial reporting periods.

Parag Milk Foods has communicated to its shareholders via email on June 11, 2026, regarding tax deductions on dividend payouts. The email explains the process for tax deduction at applicable rates and the documentation required for claiming tax exemptions. Shareholders must submit necessary documents by July 31, 2026, to ensure correct tax withholding. The company previously recommended a final dividend of ₹1.10 per share for FY26, subject to AGM approval. Shareholders are urged to update bank details and ensure PAN-Aadhaar linkage for accurate tax processing.

Parag Milk Foods Ltd issued a corrigendum to its May 7, 2026, board meeting outcome. The update concerns Item No. 5, related to the approval for issuing shares to the ESOP Trust. The phrase "Delegation of power to Finance Committee of the Board of Directors for" was inadvertently omitted. The corrected item states the Finance Committee will allot 10,00,000 equity shares (₹10 face value each) to the Parag Milk Foods Employees Stock Option Trust under the ESOP Scheme 2022. Post-allotment, the issued and paid-up equity share capital will increase to ₹126,10,95,540, divided into 12,61,09,554 fully paid-up equity shares of ₹10 each.

Parag Milk Foods Ltd has applied to NSE and BSE on May 11, 2026, seeking approval for the reclassification of Vitalia Tradeglob Private Limited, a promoter group entity with NIL shareholding, from the ‘promoter group’ category to the ‘public’ category. This action is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The initial request for reclassification was approved by the Board of Directors on May 7, 2026, subject to stock exchange approvals.

Parag Milk Foods Ltd has partnered with Tetra Pak to launch Avvatar Protein Cold Coffee, a ready-to-drink protein beverage, in India's first Tetra Prisma Aseptic 250E pack. Priced at ₹120, the drink contains 15g of protein per 250ml and is available in Classic and Vanilla variants with no added sugar or artificial sweeteners. This launch marks Parag Milk Foods' entry into the fast-growing RTD protein beverage segment under its Avvatar brand, aiming to address the protein deficiency prevalent among Indians. The company's new-age business segment, including Avvatar, recorded a 91% year-on-year growth in FY26.

Parag Milk Foods Limited reported no deviation or variation in the utilisation of proceeds from Convertible Share Warrants for the quarter ended March 31, 2026. The funds raised on May 23, 2025, amounting to ₹40.30 Crore, were allocated towards debt reduction, working capital, capital expenditure, and general corporate purposes. The report, reviewed by the Audit Committee and Board of Directors, confirms adherence to the objects stated in the EGM notice dated April 3, 2025.

Parag Milk Foods Ltd has released the Monitoring Agency Report for the quarter ended March 31, 2026, as per SEBI regulations. The report, issued by India Ratings & Research Private Limited, confirms no deviation from the objects of funds raised through preferential issue of convertible share warrants on May 23, 2025. The company received ₹40.30 Cr against the total issue size of ₹161.19 Cr. The report is available on the company's website.

Parag Milk Foods Ltd reported FY26 revenue of ₹3,818 Cr, up 11% YoY, with a volume growth of 5%. Q4 FY26 revenue stood at ₹945 Cr, a 3% increase YoY, despite a 5% volume decline. The New Age Business segment grew by 91% in FY26, contributing 10% to the total turnover. FY26 Profit After Tax (PAT) was ₹141 Cr, reflecting a 19% YoY growth. The company's core categories, including ghee, cheese, and paneer, experienced robust volume and value growth.

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.

Parag Milk Foods Ltd's board approved audited financial results for the quarter and year ended March 31, 2026. They recommended a final dividend of 11% (₹1.10 per share), subject to shareholder approval at the AGM. M/s. Harshad S. Deshpande & Associates were re-appointed as Cost Auditors for FY 2026-27, pending shareholder approval. Additionally, Vitalia Tradeglob Private Limited was reclassified from 'promoter group' to 'public' category. The board also approved the allotment of 10,00,000 equity shares to the ESOP Trust.