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Parag Milk Foods Ltd. ( (IN:PARAGMILK) ) has provided an announcement.
Parag Milk Foods’ board has approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with the statutory auditors issuing an unmodified opinion. The board also recommended a final dividend of 11% per equity share for FY 2025-26, subject to shareholder approval at the upcoming annual general meeting.
The board reappointed Harshad S. Deshpande & Associates as cost auditors for FY 2026-27, reinforcing the company’s cost-compliance framework. It also approved the reclassification of Vitalia Tradeglob Private Limited from promoter group to public category, following its nil shareholding in the company.
In a move to bolster its employee incentive structure, the company allotted 1,000,000 equity shares to its ESOP Trust under the 2022 employee stock option scheme. As a result, Parag Milk Foods’ issued and paid-up equity share capital increased to Rs. 126.10 crore, spread over 12.61 crore fully paid-up equity shares of Rs. 10 each, marginally diluting equity while supporting long-term talent retention.
More about Parag Milk Foods Ltd.
Parag Milk Foods Ltd. is an Indian dairy company engaged in the production and sale of milk and value-added dairy products. The company focuses on branded consumer dairy offerings across the domestic market, targeting both retail consumers and institutional buyers through a broad product portfolio and nationwide distribution network.
Average Trading Volume: 56,209
Technical Sentiment Signal: Hold
Current Market Cap: 27.44B INR
Find detailed analytics on PARAGMILK stock on TipRanks’ Stock Analysis page.