Parle rules out IPO despite Melody's Modi-Meloni viral moment

Parle Products dismisses near-term listing plans even as Melody chocolates ride a global PR wave from PM Modi's gift to Italian PM Meloni. Brand already ships to 100+ countries; Italy flagged as a growth market with India-EU FTA expected to accelerate overseas push.

— Filed Wed, 20 May, 2026, 14:41 IST · Source CNBC-TV18 · Companies · Updated

Parle Products rules out near-term IPO despite viral global buzz after PM Modi gifted Melody chocolates to Italian PM Meloni. Brand already exported to 100+ countries; Italy seen as growth market, India-EU FTA expected to aid overseas expansion.