Announced Sun, 21 Jun · 15:02 IST
Patanjali Foods faces sorghum flour sale ban in Kannur over pesticide
Regulatory & Legal View source PDF
PATANJALI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹421.45
prior close
₹425.00
base price
After-mkt
timing
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AI summary
Patanjali Foods received an order from the Food Safety authority in Kannur District banning sale of one batch of Sorghum Flour after testing found pesticide residue (Chlorpyriphos) above the allowed limit. The restriction is limited to that single batch and to Kannur District. The company says there is no material financial or operational impact, only the value of that one batch is affected, and it will file an appeal against the order.
Likely market impact
Minor — limited to one batch in one district. Company says no material financial hit and will appeal the order.