Parag Milk Foods Limited — Others, 27-07-2025: Cessation

Parag Milk Foods Limited announced that Mr. Nitin Dhavalikar will no longer serve as an Independent Director. His departure is due to the completion of his 10-year tenure, having served two consecutive 5-year terms. As a result, he will also cease to be a member or chairperson of any Board committees. The company conveyed its deep appreciation for his significant contributions and guidance. This marks a change in the company's board composition, a key governance update for investors.