Parag Milk Foods Limited has informed the exchange about an intimation under regulation 30 of the SEBI (LODR) Regulation, 2015
PARAGMILK · price
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Awaiting price reaction for this filing.
On November 3, 2025, Parag Milk Foods received two penalty orders from the Food Safety and Standards Authority of India (FSSAI) — Rs. 1.14 lakh from the FSSAI Udaipur office and Rs. 5 lakh from the FSSAI Lunawada office, taking the total to Rs. 6.14 lakh. Both penalties were levied under Section 51 of the Food Safety and Standards Act, 2006, for alleged substandard products versus standard specification, though the items were noted to be fit for consumption. The samples in question were picked from retail stores. The company has stated it reserves the right to appeal both orders at the appropriate forum.
The combined penalty of Rs. 6.14 lakh is small and the company has confirmed no material impact on operations or other activities. Pending appeals mean the final outcome is uncertain, but the immediate financial effect on shareholders is negligible.