Patanjali Foods has invested Rs 25 crore by way of subscription in the equity share capital of its wholly owned subsidiary namely Contemporary Agro (CAPL), on right basis. The said shares have been allotted on September 23, 2024. Currently, Patanjali Foods is holding 100% share capital of CAPL and with the current investment, Patanjali Foods’ shareholding percentage in CAPL will remain unchanged.
Patanjali Foods, erstwhile Ruchi Soya Industries, sells its products under brands like Ruchi Gold, Mahakosh, Sunrich, Nutrela, Ruchi Star and Ruchi Sunlight.
