![Devendra Prakash Shah](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Devendra Prakash Shah
Founder at
PARAG MILK FOODS LIMITED
Net worth: 47 M $ as of 31/05/2026
Profile
Devendra Prakash Shah is the founder of Parag Milk Foods Ltd. which was founded in 1992.
He is currently the Chairman of Sharad Sahakari Bank Ltd., Director of National Dairy Research Institute, Director of Bhagyalaxmi Dairy Farms Pvt Ltd., Director of Stavan Exim Pvt Ltd., and Secretary of National Centre For Rural Development.
He has also held the position of Director at Bhimashankar Sahakari Sakhar Karkhana Ltd.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
PARAG MILK FOODS LTD. 16.15% | 31/12/2025 | 20,206,400 ( 16.15% ) | 47 M $ | 31/05/2026 |
Devendra Prakash Shah active positions
| Companies | Position | Start |
|---|---|---|
| PARAG MILK FOODS LIMITED | Founder | 29/12/1992 |
Bhagyalaxmi Dairy Farms Pvt Ltd.
 Bhagyalaxmi Dairy Farms Pvt Ltd. Agricultural Commodities/MillingProcess Industries Operates and produces dairy farms and hygienic milk | Director/Board Member | - |
Sharad Sahakari Bank Ltd.
 Sharad Sahakari Bank Ltd. Regional BanksFinance Provides banking services | Chairman | - |
Stavan Exim Pvt Ltd. | Director/Board Member | - |
National Dairy Research Institute
 National Dairy Research Institute Other Consumer ServicesConsumer Services Functions as a College/University | Director/Board Member | - |
National Centre For Rural Development | Corporate Secretary | - |
Former positions of Devendra Prakash Shah
| Companies | Position | End |
|---|---|---|
Bhimashankar Sahakari Sakhar Karkhana Ltd.
 Bhimashankar Sahakari Sakhar Karkhana Ltd. Agricultural Commodities/MillingProcess Industries Operates as a sugarcane factory | Director/Board Member | - |
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
17
1st degree connections
7
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 7 |
|---|---|
Parag Milk Foods Ltd.
 Parag Milk Foods Ltd. Food: Meat/Fish/DairyConsumer Non-Durables Produces and sells milk and dairy products | Consumer Non-Durables |
National Dairy Research Institute
National Dairy Research Institute Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Bhagyalaxmi Dairy Farms Pvt Ltd.
Bhagyalaxmi Dairy Farms Pvt Ltd. Agricultural Commodities/MillingProcess Industries Operates and produces dairy farms and hygienic milk | Process Industries |
Sharad Sahakari Bank Ltd.
Sharad Sahakari Bank Ltd. Regional BanksFinance Provides banking services | Finance |
Stavan Exim Pvt Ltd. | |
Bhimashankar Sahakari Sakhar Karkhana Ltd.
Bhimashankar Sahakari Sakhar Karkhana Ltd. Agricultural Commodities/MillingProcess Industries Operates as a sugarcane factory | Process Industries |
National Centre For Rural Development |
- Stock Market
- Insiders
- Devendra Prakash Shah
