Parag Milk Foods' 34th AGM: Shareholders Approve Financials, Dividend, and Director Re-appointment
Parag Milk Foods Limited held its 34th AGM on September 29, 2026. Shareholders approved the FY26 financial statements, declared an 11% dividend (₹1.10 per share), and re-appointed Director Devendra Shah. Remuneration for Poojan Shah and Stavan Shah was also approved, along with cost auditor remuneration for FY27.
The approval of financial statements and dividend declaration are routine but important for shareholder returns and transparency. The re-appointment of a director and approval of remuneration are standard governance procedures. The impact is medium as it confirms ongoing operations and dividend distribution.
All resolutions, including financial statement adoption, dividend declaration, and director re-appointment, were approved by shareholders with a requisite majority, indicating shareholder confidence and smooth governance.
Parag Milk Foods Limited announced the voting results of its 34th Annual General Meeting (AGM), which was held on September 29, 2026, through Video Conference/Other Audio Video Means. All resolutions presented at the AGM were duly approved by the shareholders with the requisite majority.
The resolutions passed included the adoption of the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors. Shareholders also approved the declaration of a dividend at the rate of 11%, amounting to ₹1.10 per equity share for the financial year ended March 31, 2026.
Furthermore, Mr. Devendra Shah was re-appointed as a Director liable to retire by rotation. The remuneration of Mr. Poojan Shah (General Manager - Business Operations) and Mr. Stavan Shah (General Manager - International & Ingredient Business), appointed to offices or places of profit, was also approved. The ratification of remuneration to Cost Auditors for FY 2026-27 was also passed.
The voting was conducted through remote e-voting and e-voting during the AGM. The company appointed Mr. Bhaskar Upadhyay from M/s. N.L. Bhatia & Associates as the Scrutinizer for the voting process. The detailed voting results and the Scrutinizer’s Report are available on the company's website and the NSDL e-voting website.
What to do with a filing like this
Parag Milk Foods Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Parag Milk Foods Limited. Read the original for the full detail.