Parag Milk Foods Limited has announced the sale of its manufacturing unit located in Sonipat, Haryana. The transaction was finalised through a sale deed executed on May 7, 2025.
The Sonipat Unit, located at Plot No. 2266–2268, Food Park, Phase-2, HSIIDC Industrial Estate-Rai, Sonipat–131029, Haryana, was sold to M/s. Rajat & Company Commodities Private Limited for a total consideration of ₹17.11 crore.
According to the company, this sale is part of its asset monetization strategy and does not constitute a sale of an undertaking or substantially the whole of the undertaking under Section 180(1)(a) of the Companies Act, 2013.
Parag Milk Foods confirmed that the buyer, M/s. Rajat & Company Commodities Private Limited, has no relation to the company’s promoters, promoter group, or group companies. Additionally, no special rights or shareholding agreements are associated with the transaction.
