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PARAG MILK FOODS LTD.

20 December 2024 | 12:00

Industry >> Milk & Milk Products

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ISIN No INE883N01014 BSE Code / NSE Code 539889 / PARAGMILK Book Value (Rs.) 76.42 Face Value 10.00
Bookclosure 11/09/2024 52Week High 290 EPS 7.59 P/E 25.67
Market Cap. 2325.68 Cr. 52Week Low 150 P/BV / Div Yield (%) 2.55 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was incorporated as Parag Milk & Milk Products Private Limited on December 29, 1992 with the registrar of companies at Mumbai with the registered office at Pune as a private limited company under the Companies Act, 1956. The name of the Company was changed to Parag Milk Foods Private Limited and a fresh certificate of incorporation consequent upon change of name was granted by the RoC on April 11, 2008. the Company was converted into a public limited company pursuant to approval of the shareholders at an extraordinary general meeting held on May 16, 2015 and consequently, the name of the Company was changed to Parag Milk Foods Limited and a fresh certificate of incorporation consequent upon conversion to a public limited company was granted to the Company by the RoC on July 7, 2015.

Major events and milestones of the Company :

1992

-The Company started commercial operations

1998

-The Manchar plant was commissioned for production of ghee and butter under "Gowardhan" brand

2005

-Launch of Bhagyalaxmi Dairy Farms

2010

-Started operations at the Palamaner plant

2011

-Launch of milk under the "Pride of Cows" brand

2013

-Launch of "Topp Up" brand

2014

-Launch of Whey products and expanded cheese product ranges

2015

-Launch of the "Parag" logo

-Launch of "Go Almette" cream cheese

-Launch of "Go Fresh" cream

-"Go Cheese" was awarded as India`s most promising brand in the FMCG category by World Consulting and Research Corporation

2017 -Parag Milk Foods form alliance with Taj Group. -Company has launched New Product "Absolute Whey Protein" with the brand name "Avataar".

2018 -Parag Milk Foods launches cow milk in Delhi NCR. -Parag Milk Foods ties up with ColoPlus AB for 'colostrum'. -Parag acquires manufacturing facility of Danone Foods.

2020 -Parag Milk Foods collaborates with Kareena Kapoor for brand 'Pride of Cows'. -Parag Milk launches 'single origin' cow ghee.