Parag Milk Foods Limited's promoter reduces pledged shares

The Promoters of Parag Milk Foods Limited have further repaid Rs.6.00 crores, and now the outstanding loan amount is only Rs.14.85 crores.

The promoters have further informed the Company that they would repay the ENTIRE outstanding loan of Rs.14.85 crores as per the earlier announcements and release the ENTIRE lot of pledged shares.

Shares of Parag Milk Foods Ltd was last trading in BSE at Rs.51.8 as compared to the previous close of Rs. 52.65. The total number of shares traded during the day was 23488 in over 541 trades.

The stock hit an intraday high of Rs. 55.85 and intraday low of 50.3. The net turnover during the day was Rs. 1240140.

Source : Equity Bulls

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