Patanjali to sell home, personal care biz to own Co for Rs 1,100 cr

New Delhi: Baba Ramdev-led Patanjali Ayurved has decided to sell its home and personal care business to listed group firm Patanjali Foods Ltd for Rs 1,100 crore. The acquisition will help edible oil firm Patanjali Foods to become an FMCG company. In a regulator filing, Patanjali Foods informed that the board has approved the “acquisition … Read more

Patanjali Ayurved Sells Home and Personal Care Business to Patanjali Foods for Rs 1,100 Crore

Baba Ramdev-led Patanjali Ayurved has announced the sale of its home and personal care business to Patanjali Foods Ltd for Rs 1,100 crore. This strategic acquisition is designed to transform Patanjali Foods, predominantly known for its edible oil, into a formidable FMCG company. According to regulations filed by Patanjali Foods, the board has sanctioned the … Read more