Mon, Jul 01, 2024
In a regulator filing, Patanjali Foods informed that the board has approved the "acquisition of the entire non-food business undertaking i.E. Hair care, skin care, dental care and home care carried out by Patanjali Ayurved, including but not limited to all movable assets, immovable properties, contracts, licenses, books and records, employees and certain assumed liabilities of PAL through a slump sale arrangement on a going concern basis".
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Mon, Jun 10, 2024
EXCLUSIVE: The merger has been approved by the board of Patanjali Foods. What will be the benefits of merger? What will be the benefit for shareholders in this? Know complete details with Nupurkunia.
Big and exclusive news about Patanjali Group. Patanjali Ayurved's non-food business will be merged into Patanjali Foods. Merger will happen at 80-90% cheaper valuation. Existing shareholders will benefit greatly from the major re-rating. Income, profits and branded portfolio will benefit from the merger. Working profits expected to increase by ₹1000 Cr directly
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