Mon, Jul 01, 2024
Announcement of merger of non-food business of Patanjali Ayurved. Announcement can be made today itself. Media conference after the board meeting at 5:30 pm. There will be a meeting with the analyst tomorrow. Merger possible at cheap valuations. Know complete details in this video...
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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".
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.
The report said that the merger will be done at 80-90 per cent cheaper valuation. After the merger, the operating profit expected to increase directly by Rs 1,000 crore.
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
Tue, Apr 23, 2024
Patanjali Ayurved misleading ads case news: Tuesday's hearing in the matter comes roughly two weeks after the Supreme Court rejected separate affidavits of apology submitted by yoga guru and Acharya Balkrishna in the Patanjali Ayurved misleading ads case. Earlier, the top court warned Ramdev and Balkrishna of stern action over contempt of court.
Wed, Apr 10, 2024
Patanjali Ayurved news, Supreme Court on Patanjali Ayurved: Expressing dissatisfaction with an unconditional apology tendered in separate affidavits by Ramdev and Patanjali Ayurved managing director Acharya Balkrishna the previous day, the top court warned the company to be ready to face action over contempt of court.
Mon, Jul 17, 2023
Big investors of the world invested money in OFS, focus on increasing business through technology Patanjali Foods has to be made a global brand: Swami Ramdev, Yoga Guru, Patanjali Foods
Fri, Jun 16, 2023
Swami Ramdev's Vision for Premium Nutrition: Patanjali's Latest Breakthrough
Mon, Jan 09, 2023
In today's edition of Traders Diary, Zee Business research team brings its exclusive research on 20 stocks that investors and traders can refer to while making their strategies in them
Wed, May 18, 2022
The Yoga Guru also decoded the reason behind the name change of Ruchi Soya Industries to Patanjali Foods and revealed they would soon launch Patanjali Ayurved’s public offer.
Mon, Apr 11, 2022
Ruchi Soya board has approved the change in its name to Patanjali Foods Ltd, the company said in its filing to the exchanges on Monday.
Mon, Mar 28, 2022
The FPO comprises equity shares of the face value of Rs 2 each aggregating to Rs 4300 crore.
Thu, Mar 24, 2022
Baba Ramdev-led Patanjali Ayurved-owned Ruchi Soya on Thursday hit the capital market to raise Rs 4,300 crore through its follow-on public offer (FPO) as it aims to become a debt-free company.
Mon, Jun 14, 2021
Edible oil manufacturer Ruchi Soya Industries Limited is one of the largest companies in this segment and is the textbook story of survival, from the time it was sent for resolution under the IBC, to now. Zee Business brings this special story on this company and its revival
Fri, Feb 19, 2021
Yoga Guru Swami Ramdev has promised a big development soon for Ruchi Soya investors, revealed Zee Business Managing Editor Anil Singhvi.
Thu, Dec 03, 2020
Dabur and Patanjali on Wednesday questioned environment watchdog CSE's claims that honey sold by them are adulterated with sugar syrup, saying that it seems to be motivated and aimed at maligning their brands
Fri, Jun 19, 2020
Swami Ramdev has adviced people to inculcate the habit of yoga in the day-to-day life to remain healthy and youthful. The Patanjali Ayurved founder said this in an exclusive chat with Zee Business Managing Editor Anil Singhvi today
Thu, Jan 09, 2020
Zee Business spoke exclusively to the founder of Patanjali Ayurved Swami Ramdev on the ban of refined palm oil in India by the Indian government. #ZeeBusiness #PalmOil #BanOnPalmOil #Patanjali #SwamiRamdev
Fri, Jul 26, 2019
Finally, Baba Ramdev's Patanjali has received the nod of National Company Law Tribunal (NCLT) to acquire Ruchi Soya on a revised Rs 4350 crore bid
Tue, May 28, 2019
Ramdev has entered into toned milk segment apart from cow dairy. Patanjali’s toned milk is said to be cheaper by Rs 4 compared to rivals.
Wed, Apr 17, 2019
Baba Ramdev's Patanjali Ayurved will open more than 500 stores of company's apparel brand Patanjali Paridhan throughout the country this year, the yoga guru said Tuesday.
Wed, Mar 13, 2019
Ruchi Soya has a total debt of about Rs 12,000 crore. The debt-ridden firm has many manufacturing plants and its leading brands include Nutrela, Mahakosh, Sunrich, Ruchi Star and Ruchi Gold.
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