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Pursuant to Regulation 25(7) of the SEBI(Listing Obligation and Disclosure Requirements) Regulations, 2015 mandates the Company to familiarize the Independent Directors with the Company, their roles, rights and responsibilities in the Company, nature of the industry in which the Company operates, business model of Company etc. through various programmes

The details of such familiarization programmes shall be disclosed on the website of the Company and the web link thereto shall be given in the Annual Report.

This policy on familiarization programme for the Independent Directors of Parag Milk Foods Limited Limited (“the Company”) has been approved by the Board of Directors in its meeting held on 14th January, 2016.


The programme aims to provide insight into the Company to enable the Independent Directors to understand its business and operation in depth and contribute significantly to the growth of the Company.
On continuous basis update the Directors on any significant changes that may arise/occur during the course of their tenure on the Board.

To take all efforts to make the Directors well informed for taking timely decision.


The Familiarization programmes will be conducted for new and continuing Independent Directors of the Company.

Familiarization and Continuing Education Process

Other Initiatives to Update The Independent Directors on Continuous Basis


The Policy will be uploaded on the Company’s website for public information and a web link of the same shall also be uploaded in the Annual Report of the Company as required under the Listing Agreement.

Review of the Progam

The Board will review this program and make revisions as may be require