Parag Milk Foods Limited announced that at the board meeting held on May 18, 2024, recommended a final dividend at the rate of 5% per equity share (i.e. INR 0.50 per share) which shall be subject To Approve the Shareholders at the up coming Annual General Meeting (AGM). The Company shall in due course inform the date on which the Company will hold its AGM for the financial year ended March 31, 2024 and the date from which dividend, if approved by the shareholders, will be paid.