Updates

September 30, 2026 BSE Limited (BSE) National Stock Exchange of India Limited (NSE) 20th Floor, P.J. Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai - 400001 Mumbai - 400051 BSE Scrip Code: 544868 NSE Scrip Symbol: MILKYMIST Dear Sir/Madam, Subject: Intimation regarding Commissioning of 10 MW Solar Power Plant at Arasanoor Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Milky Mist Dairy Food Limited (“the Company”) has commissioned its new 10 MW solar power plant at Arasanoor, in addition to the existing 15 MW solar power plant at the same location. With the commissioning of the new capacity, the Company’s renewable energy generation capacity has increased to approximately 41 MW across its various locations, comprising 5 MW at Chithode, 9 MW at Kavilipalayam, 25 MW at Arasanoor and 2 MW of wind power at Kayathar. The total investment for the 25 MW solar capacity at Arasanoor now stands at approximately Rs. 109.60 crore. The commissioning of the solar power plant further strengthens the Company’s focus on energy self- sufficiency, energy efficiency and increased use of renewable energy sources, as part of its broader sustainability initiatives. In this regard, a press release issued by the Company is enclosed herewith for information and records. The same is also available on the Company’s website at www.milkymist.com. Thank You, For Milky Mist Dairy Food Limited (formerly known as Milky Mist Dairy Food Private Limited) S Prakash Company Secretary and Compliance Officer Membership No.: A22495 Encl.: a/a Milky Mist Achieves 100% Energy self-sufficiency through Renewable Energy Investments in renewable ener gy & resource-efficient technologies reflect our commitment to environment and sustainability NATIONAL, 30th September 2026: Milky Mist Dairy Food Limited (“Milky Mist” or “the Company”) (NSE: MILKYMIST | BSE: 544868), India’s fastest-growing packaged food company, today announced the commissioning of its new 10 MW solar power plant at Arasanoor. This is in addition to the 15 MW Solar Plant commissioned earlier at the same location, marking another significant milestone in the Company’s ongoing transition towards cleaner, sustainable and energy-efficient manufacturing. The total investment in the 25 MW Solar capacity at Arasanoor now stands at Rs.109.60 crore. Milky Mist has been steadily investing in renewable energy since 2016, when it commissioned its first 2 MW solar plant. With the addition of the 25 MW facility, the Company has expanded its renewable energy generation capacity across multiple locations, comprising 5 MW at Chithode, 9 MW at Kavilipalayam, 25 MW at Arasanoor and 2 MW of wind power at Kayathar aggregating to 41 MW Renewable energy. The solar installations have been developed on arid and open land that is not suitable for effective farming, enabling the Company to utilise such land productively while advancing its renewable energy objectives. With the new capacity becoming operational, renewable sources meet the Company’s total power requirements. The 25 MW facility is expected to generate approximately 2.0 million units of renewable electricity annually and support the energy requirements of the Company’s integrated manufacturing facility at Perundurai and its milk chilling centres across multiple locations. The additional renewable capacity is expected to reduce the Company’s dependence on conventional power and help avoid approximately 16,000 tonnes of carbon emissions annually. Since commissioning its first solar plant in 2016, Milky Mist has invested close to total of ₹197 crore for 41MW in renewable energy generation plants. The Company has cumulatively generated approximately 210 million units of power, equivalent to a value of around ₹165 crore. The Company’s solar plants are designed for a minimum operating life of approximately 28–30 years, with the installed capacity expected to generate around 1,400 million units of electricity over its lifecycle, equivalent to an estimated reduction of approximately 1.35 million tonnes of CO₂ emissions. These investments form part of Milky Mist’s broader strategy to strengthen energy self-sufficiency, enhance operational efficiency and support its long-term sustainability objectives as well as significant savings in energy expenditure. The Company’s sustainability efforts extend beyond renewable power generation. Milky Mist has invested in steam turbine technology and a methane gas purification plant, which generates approximately 15,000 units of electricity daily. The Company has also leveraged its effluent treatment operations for captive power generation, wherein methane generated through the process is purified and converted into Compressed Natural Gas (CNG). In addition, the Company uses biomass for its boiler operations, further reducing its dependence on conventional sources of energy. Investment in renewable energy forms part of Milky Mist’s broader focus on building a technology-led, resource-efficient and future-ready manufacturing platform. Going forward, the Company will continue to evaluate opportunities to improve energy efficiency, increase the use of renewable power across its operations and sustain Power Neutrality. Manageme nt Commentary Mr. T Sathish Kumar, Chairman and Managing Director, Milky Mist Dairy Food Limited, said, “At Milky Mist, our approach to growth has always been guided by a long-term vision of building a business that is responsible in its use of resources and conscious of its impact on the environment. We believe that sustainability must be embedded in the way an enterprise is built, operated and scaled, rather than viewed as a standalone initiative. Our investments in renewable energy, resource-efficient technologies and alternative sources of power are a reflection of this philosophy. The commissioning of our new 10 MW solar power plant is another significant step in this journey, taking renewable sources to over 100% of our total power requirements. As we continue to expand our operations, our endeavour is to strengthen energy self- sufficiency, advance more sustainable manufacturing practices and create enduring value for our business, our stakeholders and the environment.” About Milky Mist Dairy Food Limited Milky Mist Dairy Food Limited is a leading value added dairy and packaged food company in India, with a diversified portfolio spanning paneer, cheese, curd, butter, ghee, yogurt, ice cream and UHT products, along with frozen, ready-to-eat and ready-to-cook foods and chocolates. The Company operates under its flagship ‘Milky Mist’ brand and other brands including ‘Asal’, ‘Briyas’, ‘Capella’, and ‘SmartChef’. As of June 30, 2026, the Company offered 22 product categories with 640+ SKUs, addressing diverse consumption needs from breakfast to dinner. Milky Mist has built an integrated supply chain spanning milk procurement, processing, manufacturing, packaging and distribution, supported by technology-led and automated manufacturing capabilities at its Perundurai facility in Erode, Tamil Nadu. The Company’s revenue grew at a CAGR of 31.26% between FY2024 and FY2026, reaching Rs. 3,138.36 crore in FY2026. In FY2026, Milky Mist was the largest private packaged paneer brand in India’s organised market, the largest private packaged cheese brand in South India and among the top two private packaged yogurt brands in India. Saf e Harbour Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncerta [Showing first 8,000 characters — download PDF for full document]