Corporate News     13-May-23
Parag Milk Foods receives downgrade in credit ratings
From ICRA
Parag Milk Foods announced that ICRA has downgraded the credit rating for the credit facilities availed by the Company, for the Long-term Rating to [ICRA] BBB-(Negative) from [ICRA] BBB (Negative) and for Short-term Rating to [ICRA]A3 from [ICRA]A3+. In case of Non-Convertible Debentures, the rating is Long-term Rating of [ICRA]BBB-(Negative) from [ICRA] BBB (Negative) due to the announcement of Q4 & FY 2022-23 Results.
Previous News
  Parag Milk Foods consolidated net profit declines 59.32% in the December 2020 quarter
 ( Results - Announcements 05-Feb-21   14:58 )
  Parag Milk Foods to announce Quarterly Result
 ( Corporate News - 11-May-24   12:07 )
  Parag Milk Foods consolidated net profit declines 51.31% in the December 2022 quarter
 ( Results - Announcements 25-Jan-23   07:38 )
  Parag Milk Foods to declare Quarterly Result
 ( Corporate News - 30-Jan-21   16:15 )
  IFC to acquire 6.41% stake in Parag Milk Foods
 ( Corporate News - 04-May-21   19:32 )
  Parag Milk Foods to declare Quarterly Result
 ( Corporate News - 08-Nov-22   15:40 )
  Parag Milk Foods AGM scheduled
 ( Corporate News - 14-Sep-22   18:58 )
  Volumes jump at Max India Ltd counter
 ( Hot Pursuit - 14-Feb-19   11:00 )
  Parag Milk Foods launches Avvatar Advanced Mass Gainer
 ( Corporate News - 11-Dec-18   16:59 )
  Parag Milk Foods consolidated net profit declines 44.19% in the September 2020 quarter
 ( Results - Announcements 09-Nov-20   16:16 )
  Parag Milk Foods to discuss results
 ( Corporate News - 15-Oct-19   11:54 )
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