PARAGMILKNSEParag Milk Foods Limited· Food ProductsHighNeutral
Announced Wed, 7 May, 2025 · 20:29 IST

Parag Milk Foods Limited has informed the Exchange about Agreements

Core Business DivestedStrategic Transactions View source PDFExplain this filing

PARAGMILK · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-2.5%Reaction day
₹199.00
prior close
₹198.10
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.8%-1.7% vs market
Dairy Products peers, median of 8sector-1.4%-1.1% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.1 pts less than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.6
10m
+0.7
15m
+1.4
30m
+1.7
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-2.5-0.8-1.7-1.4-1.1
Next day
-3.2-1.0-2.2-1.7-1.5
2d
+1.3+3.6-2.4+3.4-2.1
3d
+2.8+5.3-2.5+4.6-1.7
4d
+6.2+7.0-0.9+5.8+0.4
5d
+6.8+8.1-1.3+4.0+2.8
1w
+11.1+10.2+0.9+4.0+7.1
15d
+8.9+11.8-2.9+4.6+4.3
1m
+9.6+14.6-4.9+7.6+2.0
2m
+18.0+15.3+2.7+9.9+8.1
3m
+14.3+10.2+4.1+0.5+13.8
UpDownMarket · Nifty Microcap 250Sector · Dairy Products peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Parag Milk Foods has completed the sale of its Sonipat manufacturing unit, located in the Food Park at HSIIDC Industrial Estate, Rai, Haryana, with the sale deed registered on May 7, 2025. The buyer is Rajat & Company Commodities Private Limited, and the deal value is Rs. 17.11 crore. The company has stated that the purpose of the sale is monetization of assets, and this is not a related-party transaction. The filing clarifies that the sale does not constitute substantially the whole of the company's undertaking under Section 180(1)(a) of the Companies Act, 2013. This follows in-principle Board approval for the disposal communicated to the exchange on November 11, 2024.

Likely market impact

The Rs. 17.11 crore asset sale will bring in cash for the company but represents a relatively small transaction relative to the overall business, so the financial impact on shareholders is likely modest. Investors should watch for how the proceeds are used—whether for debt reduction, capacity expansion elsewhere, or shareholder returns.