Patanjali Foods to evaluate proposal to buy Patanjali Ayurved’s non-food business

Patanjali Foods to evaluate proposal to buy Patanjali Ayurved’s non-food business

New Delhi: Patanjali Foods Ltd, which is mainly into edible oils, on Friday said it will evaluate a proposal to acquire the non-food business of promoter group Patanjali Ayurved, led by Baba Ramdev.In a regulatory filing, Patanjali Foods informed that its board has discussed the initial proposal received from Patanjali Ayurved Ltd for a sale of the latter’s non-food business undertaking to the company.”The board accorded its in-principle approval for evaluating the most efficient mode of…
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Source: https://www.deccanherald.com/business/companies/patanjali-foods-to-evaluate-proposal-to-buy-patanjali-ayurveds-non-food-business-2996892