Parag Milk Foods Limited has informed the Exchange regarding 'Intimation Under Regulation 31A Of SEBI (LODR) Regulations, 2015'.

PARAGMILK · price

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Price reaction · full curve 14 horizons · vs prior close

+3.0%1-day move

₹214.50

prior close

₹218.21

base price

In-mkt

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-0.0+0.3-0.0—+3.0+3.0+1.2-0.6+0.0-2.1+13.6+9.6+7.4—

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AI summary

Parag Milk Foods Limited has submitted an application to BSE and NSE seeking approval for re-classification of Vitalia Tradeglob Private Limited from 'promoter group' to 'public' category under SEBI LODR Regulation 31A. The board had approved this request on May 7, 2026. Importantly, Vitalia Tradeglob Private Limited holds NIL (zero) shares in the company. The re-classification is a regulatory formality since the entity already has no equity stake and wants to exit the promoter group classification.

Likely market impact

Minimal impact on shareholders as the entity being reclassified holds zero shares. This is an administrative cleanup filing to reflect accurate promoter group status in company records.