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Parag Milk Foods Ltd, founded in 1992 by Mr. Devendra Shah is involved in the development and promotion of 100% fresh cow’s milk and milk products under international brand names with a diverse portfolio in over 10 product categories.
Parag Milk Foods is expanding its nutrition portfolio into everyday snacking by launching Avvatar Popped Chips. These non-fried chips offer 10 grams of protein per pack with no added sugar, palm oil, or preservatives, strategically scaling the brand beyond traditional dairy and active nutrition formats into high-growth segments.
Parag Milk Foods Limited has informed the Exchange regarding Newspaper Publication in connection with 34th Annual General Meeting to be held on September 29, 2026
Parag Milk Foods has announced its 34th Annual General Meeting will be held virtually. Shareholders, update your emails for digital notices and annual reports. E-voting will be provided for participation.
Parag Milk Foods confirmed no deviation in utilizing INR 40.30 Cr from convertible share warrants. Funds were fully deployed as planned for debt reduction, working capital, capital expenditure, and general corporate purposes.
Parag Milk Foods doubles cheese capacity to 120 MT/day, investing ₹105 Cr by FY28, targeting a market expected to reach ₹62,000 Cr by 2034. Q1 revenue grew 11% to ₹945 Cr; New Age business jumped 59%, though PAT declined 20%. Rakesh Kothari appointed CFO.