Milky Mist Dairy Food Ltd. Company History and Annual Growth Details

Our Company was initially formed as a partnership firm as “M.M.D. Dairy” at Erode, Tamil Nadu under the Indian Partnership Act, 1932, pursuant to a deed of partnership dated November 30, 1998, and a certificate of registration dated February 1, 1999 issued by the Registrar of Firms, Periyar (Erode). The name of the partnership firm was changed to “Milky Mist Dairy Food” pursuant to a certificate of registration dated August 2, 2006 issued by the Registrar of Firms, Periyar (Erode). The partnership firm was subsequently converted and our Company was incorporated as a private limited company under the Companies Act, 2013 under the name “Milky Mist Dairy Food Private Limited” pursuant to a certificate of incorporation dated July 10, 2014 issued by the RoC. Subsequently, our Company was converted into a public limited company as approved by a resolution of our Board dated May 15, 2025, and a special resolution of our Shareholders dated May 16, 2025 following which the name of our Company was changed to “Milky Mist Dairy Food Limited” and a fresh certificate of incorporation consequent upon change of name dated May 26, 2025, was issued by the RoC.

2009

- Diversified our product portfolio to include products such as ghee, butter, khova, and curd.

2010-11

- Diversified our product portfolio to include products such as yogurt and cheese.

2017

- Diversified our product portfolio to include whey powder.

2018

- Set up the ‘Milky Mist Mega Plant’ Manufacturing Facility at Perundurai, Erode.

2020

- Expanded our product portfolio with the launch of dairy whitener, cream cheese, probiotic curd, UHT range of products, and launched frozen foods under the ‘SmartChef’ brand.

2022

- Started in-house manufacturing of UHT range of products.

- Expanded our product portfolio with the launch of fat spread under the ‘Misty Lite’ brand.

- Expanded our product portfolio with the launch of greek yogurt and ‘Skyr’ high protein yogurt.

2023

- Expanded our product portfolio with the launch of ice cream, chocolate and sweetened condensed milk products.

2025

- Acquisition of certain assets and trademarks of Briyas Foods Private Limited.

- Acquisition of 100% shareholding of Asal Food Products Private Limited.

- Allotment of a land parcel from Maharashtra Industrial Development Corporation for a total consideration of ? 490.65 million, for setting up a facility of milk processing, dairy and food products.

2026

- Investment by Jongsong Investments Pte. Ltd. (an indirect wholly owned subsidiary of Temasek Holdings Private Limited) by way of the Pre-IPO Placement and certain secondary transactions, in our Company.