Shares of FMCG company Patanjali Foods witnessed a 4.13 per cent dip, reaching Rs 1,555 apiece on the NSE a day after the Supreme Court (SC) issued notices to Baba Ramdev and Acharya Balakrishnan and asked why contempt proceedings should not be initiated against them for violating its orders. Patanjali Ayurved has been restrained from advertising and marketing the products meant to cure ailments-disorders till further orders.The apex court also imposed restrictions on Patanjali, prohibiting…
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Patanjali Foods Falls 4% As Supreme Court Issues Contempt Notice Over ‘Misleading Ads’
