Patanjali Ayurved
Food
Patanjali Ayurved’s FY20 net up 21.56 pc to Rs 424.72 cr
Haridwar-based Patanjali Ayurved Ltd has reported a 21.56 percent increase in standalone net profit at Rs 424.72 crore for financial year 2019-20, according to data provided by business intelligence platform Tofler.
According to a PTI report: The company had reported...
Food
Ruchi Soya appoints Sanjeev Asthana as CEO
Ruchi Soya Industries, which is owned by Baba Ramdev-led Patanjali Ayurved, has appointed Sanjeev Asthana as its CEO.
According to a PTI report: Sanjeev Asthana has joined as Chief Executive Officer of the company with effect from July 6, 2020,...
Food
Patanjali to raise Rs 250 crore through debentures
Baba Ramdev-led Patanjali Ayurved plans to issue debentures worth Rs 250 crore that will be used to meet its working capital requirements and strengthen supply chain network.
According to a PTI report: This would be the first-ever issuance of debentures...
Food
JHS Retail to exclusively set up Patanjali stores across all Indian Airports
JHS Svendgaard Retail Ventures Pvt Ltd (a subsidiary of JHS Svendgaard Laboratories Ltd.) has inked an exclusive partnership with Patanjali, leading manufacturer of Indian ayurvedic products’ to set up Patanjali stores across airports PAN India. Under the venture, three...
Food
Patanjali Ayurved completes acquisition of bankrupt Ruchi Soya for Rs 4,350 cr
Yoga guru Baba Ramdev's Patanjali Ayurved on Wednesday made its first big acquisition when it paid Rs 4,350 crore to take over soya food brand Nutrela-maker Ruchi Soya through an insolvency process. The acquisition will help Patanjali acquire edible...
Food
Patanjali secures Rs 3,200 crore loan from banks to buy Ruchi Soya
Baba Ramdev-led Patanjali Ayurved on Friday said it has already tied up loan worth Rs 3,200 crore from a consortium of lenders led by State Bank of India to fund its acquisition of Ruchi Soya through insolvency process.According to...
Food
Patanjali Ayurved posts Rs 3,562 crore revenue for April-September
Baba Ramdev-led Patanjali Ayurved on Tuesday said it has achieved a revenue of Rs 3,562 crore in April-September 2019-20, the highest ever in the first half of any financial year.According to a PTI report: The Haridwar-based firm has reported...
Food
Patanjali gets control of Ruchi Soya for Rs 4,350 crore
After a protracted battle, the NCLT Thursday finally cleared the Rs 4,350 crore bid by yoga- exponent Ramdev-run Patanjali Ayurved to take over edible oil player Ruchi Soya, which owes over Rs 9,345 crore to the lenders & around...
Food
Lenders approve Patanjali’s Rs 4,325 cr bid for Ruchi Soya
In its first major acquisition, Yoga guru Baba Ramdev-led Patanjali Ayurved walked away with debt-ridden edible oil firm Ruchi Soya with a bid of Rs 4,325 crore, sources told PTI.According to a PTI report: Patanjali acquired Ruchi Soya Industries...
Fashion
500 Patanjali Paridhan stores to be opened in India this year: Baba Ramdev
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.According to a PTI report: The company will open over 500 Patanjali Paridhan stores...
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