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Patanjali Ayurved to sell home, personal care biz to group firm Patanjali Foods for Rs 1,100 crore

Patanjali Ayurved to sell home, personal care biz to group firm Patanjali Foods for Rs 1,100 crore

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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