Parag Milk Foods Strengthens Board with Appointment of Two Independent Directors

Parag Milk Foods Strengthens Board with Appointment of Two Independent Directors

By Manu Vardhan Kannan

Published on June 6, 2025

Parag Milk Foods Ltd., one of India’s premier dairy and nutrition-focused FMCG companies, has announced the appointment of Mr. Amitabh Mukhopadhyay and Mr. Milind Anil Patil as Independent Directors to its Board. This strategic move strengthens the company’s focus on robust governance and financial discipline as it expands its presence in the global nutrition space.

The appointments come amid Parag Milk Foods’ ongoing efforts to scale innovation and sustainability across its operations. Both new board members bring extensive leadership experience and financial acumen from diverse sectors, offering valuable oversight as the company accelerates its growth and transformation.

Mr. Amitabh Mukhopadhyay is a seasoned corporate leader with over 35 years of experience, having held key leadership roles at Tata AutoComp Systems, Thermax Limited, and IFB Agro Industries. He is a Chartered Accountant and Law graduate, currently serving on the boards of Quick Heal Technologies, Foseco India, and others. Mr. Mukhopadhyay also heads a strategic advisory firm focused on global M&A and business transformation and mentors startups in India’s innovation ecosystem. 

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Expressing his enthusiasm, Mr. Mukhopadhyay said, “I have always admired Parag Milk Foods’ unique blend of legacy and innovation. The company’s focus on value-added nutrition and sustainability positions it for long-term impact. I look forward to strengthening financial stewardship and governance as it scales new frontiers.”

Mr. Milind Anil Patil brings nearly four decades of experience in pharmaceuticals and healthcare. He recently retired as Regional Finance Lead – Emerging Asia and CFO & Executive Director (India) at Pfizer. He has held senior roles at global firms such as Siemens and Novartis and holds prestigious awards including FE CFO of the Year (2022). He currently serves as an Independent Director for Rubicon Research and Advagen Pharma.

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On his appointment, Mr. Patil stated, “I am excited to join Parag Milk Foods at a time of dynamic opportunity. I look forward to supporting the leadership in enhancing financial discipline, innovation, and stakeholder value.”

Ms. Akshali Shah, Executive Director at Parag Milk Foods Ltd., welcomed the appointments, saying, “We are delighted to onboard Mr. Mukhopadhyay and Mr. Patil. Their combined expertise will strengthen our decision-making and governance as we evolve into a global nutrition powerhouse. Their insights will be invaluable in navigating new growth opportunities and risks.”

These appointments underline Parag Milk Foods’ commitment to board excellence, transparency, and long-term value creation, anchored in innovation, integrity, and impact.


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