Patanjali Foods Limited signs MOU with MoFPI

As part of Investment Promotion Activity for World Food India 2025, Patanjali Foods Limited has signed a non-binding MOU with the Ministry of Food Processing Industries, Government of India, for an investment of up to Rs. 1,000 crores.

The proposed investment is subject to financial evaluation of the individual projects and obtaining relevant corporate and statutory approvals by the Company and hence the details provided above may vary. Once the terms and conditions for investment are finalized, the Company would make appropriate disclosures, if necessary.

Shares of Patanjali Foods Limited was last trading in BSE at Rs. 589.55 as compared to the previous close of Rs. 581.65. The total number of shares traded during the day was 67877 in over 2194 trades.

The stock hit an intraday high of Rs. 591.00 and intraday low of 576.70. The net turnover during the day was Rs. 39752199.00.

Source : Equity Bulls

Keywords

PatanjaliFoods INE619A01035 MOU MoFPI