Parag Milk Foods Limited — Important, 21-03-2025: Updates

An option grantee has exercised 5,000 stock options at an exercise price of Rs. 10 each, totaling 5,000 equity shares of Parag Milk Foods with a face value of Rs. 10 each. Consequently, the Parag Milk Foods Employees Stock Option Trust has transferred these shares to the grantee's demat account. This transaction reflects the company's ongoing commitment to incentivizing employees through its Employee Stock Option Plan and could strengthen employee engagement and align interests with shareholder value.