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APG hikes stake in Parag Milk Foods

05 Aug 2019 Evaluate

Stichting Depositary APG Emerging Markets Equity Pool (APG) has acquired 6,75,000 equity shares of Parag Milk Foods (Company) on August 01, 2019 due to which the shareholding of APG in the Company has increased beyond 7% of the paid-up capital of the Company. The shareholding of APG in the Company is 7.286% after acquisition on August 01, 2019.

Parag Milk Foods, established in 1992, is the largest private dairy FMCG company with a pan India presence.

Peers
Company Name CMP
Nestle India 1321.05
Varun Beverages 440.65
Britannia Industries 4783.80
LT Foods 417.85
Hatsun Agro Product 1147.50
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