India's Richest People 2026 edition · Source: Hurun India
Rank#1,482- Wealth
- ₹1,400 Cr
- Company
- Parag Milk Foods
2017 #571
Current companies 3 active board seats
Past companies 3 historical roles
Total affiliations 6 Since Dec 1992
Shareholding value •••• Premium profile
About Devendra Prakash Shah
Data last updated:
Devendra Prakash Shah is a Whole-Time Director at Parag Milk Foods Limited (since 1992), Director at Bhagyalaxmi Dairy Farms Private Limited (since 2003) and Director at Awasari Infracon Private Limited (since 2025). The companies operate in Food and Beverages and Agriculture. The 2 current companies with reported revenue have a combined latest revenue of ₹3,615 Cr; the largest is Parag Milk Foods Limited at ₹3,472 Cr (FY 2025). Earlier, Devendra Prakash Shah was a Director at Poojan Foods Private Limited (2008–2011) and Director at Parag Agro Foods And Allied Products Private Limited (2013–2015) and 1 more.
Devendra Shah and family are #1,482 among India's richest people (2026), with wealth of ₹1,400 Cr.
DIN 01127319
Primary Designation Whole-Time Director
Industry Food and Beverages
First Appointment 29 Dec 1992
Oldest Company Age 33 yrs
Largest company Parag Milk Foods Limited · ₹3,472 Cr (FY 2025)
Combined revenue ₹3,615 Cr across 2 companies
Recognitions & Rankings
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Parag Milk Foods Limited L15204PN1992PLC070209 | Whole-Time Director | 29 Dec 1992 | 1992 | ₹3,472 Cr (FY 2025) | Active |
 Bhagyalaxmi Dairy Farms Private Limited U01211PN2003PTC018624 | Director | 02 Dec 2003 | 2003 | ₹142 Cr (FY 2025) | Active |
 Awasari Infracon Private Limited U68100PN2025PTC238630 | Director | 25 Feb 2025 | 2025 | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
| Poojan Foods Private Limited U15200PN2008PTC178446 | Director | 17 Apr 2008 | 2008 | ₹19.74 Cr (FY 2020) | Active |
| Parag Agro Foods And Allied Products Private Limited U15122MH2013PTC244143 | Director | 07 Jun 2013 | 2013 | ₹325 Cr (FY 2025) | Active |
| Stavan Exim Private Limited U51390MH2008PTC181254 | Director | 17 Apr 2008 | 2008 | Strike Off |
Explore Director's current and past company associations Uncover their professional journey today!
Board colleagues of Devendra Prakash Shah
| Name | DIN | Company | Designation |
|---|---|---|---|
| Akshali Shah | 06575079 | Parag Milk Foods Limited , Bhagyalaxmi Dairy Farms Private Limited | Whole-Time Director |
| Amitabha Mukhopadhyay | 01806781 | Parag Milk Foods Limited | Director |
| Dnyanesh Vishnu Darshane | 08515431 | Parag Milk Foods Limited | Director |
| Milind Anil Patil | 02546815 | Parag Milk Foods Limited | Director |
| Namrata Samsher Garud | 10832812 | Parag Milk Foods Limited | Director |
| Nikhil Kishorchandra Vora | 05014606 | Parag Milk Foods Limited | Director |
| Pritam Prakash Shah | 01127247 | Parag Milk Foods Limited , Bhagyalaxmi Dairy Farms Private Limited and 1 more | Managing Director |
| Rakesh Raichand Kothari | Parag Milk Foods Limited | Cfo | |
| Virendra Lalbahadur Varma | Parag Milk Foods Limited | Company Secretary | |
| Netra Preetam Shah | 06438916 | Awasari Infracon Private Limited | Director |
| Stavan Pritam Shah | 08388510 | Awasari Infracon Private Limited | Director |
Directorship timeline
Open interactive timeline →Bhagyalaxmi Dairy Farms Private Limited
Parag Milk Foods Limited
Stavan Exim Private Limited
Awasari Infracon Private Limited
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Shareholding and investment profile for Devendra Prakash Shah
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Frequently Asked Questions about Devendra Prakash Shah
Devendra Prakash Shah currently holds 3 directorships: Parag Milk Foods Limited (Whole-Time Director, since 29 Dec 1992, revenue ₹3,472 Cr (FY 2025)); Bhagyalaxmi Dairy Farms Private Limited (Director, since 02 Dec 2003, revenue ₹142 Cr (FY 2025)); Awasari Infracon Private Limited (Director, since 25 Feb 2025).
Devendra Prakash Shah was first appointed on 29 Dec 1992 as Whole-Time Director at Parag Milk Foods Limited. The most recent appointment on record is 25 Feb 2025 at Awasari Infracon Private Limited.
The 2 current companies of Devendra Prakash Shah that report revenue have a combined latest revenue of ₹3,615 Cr: Parag Milk Foods Limited ₹3,472 Cr (FY 2025); Bhagyalaxmi Dairy Farms Private Limited ₹142 Cr (FY 2025).
Devendra Prakash Shah held 3 earlier board appointments: Poojan Foods Private Limited (Director, 17 Apr 2008 to 03 Sep 2011); Parag Agro Foods And Allied Products Private Limited (Director, 07 Jun 2013 to 18 Mar 2015); Stavan Exim Private Limited (Director, from 17 Apr 2008).
The current boards of Devendra Prakash Shah's companies include Akshali Shah (Parag Milk Foods Limited), Amitabha Mukhopadhyay (Parag Milk Foods Limited), Dnyanesh Vishnu Darshane (Parag Milk Foods Limited), Milind Anil Patil (Parag Milk Foods Limited), Namrata Samsher Garud (Parag Milk Foods Limited), Nikhil Kishorchandra Vora (Parag Milk Foods Limited), among others.