Patanjali Foods Limited has informed the Exchange about General Updates under Regulation 30 of LODR, 2015.
PATANJALI · price
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Patanjali Foods Limited has invested INR 35 crore in its wholly owned subsidiary Rishikrishi Farming Private Limited (RFPL) by subscribing to 3.5 crore Zero Percent Redeemable Preference Shares of INR 10 each on a rights basis. RFPL operates in the farming, agriculture, and plantation business, focused on farmer training and high-quality seed production, but reported NIL turnover for FY ended March 31, 2025. Since PFL already owns 100% of RFPL, the shareholding percentage remains unchanged after this investment. The transaction is a related party transaction conducted at arm's length using cash.
This is an internal capital infusion into an already wholly owned subsidiary with no revenue, so there is no immediate impact on the stock price or shareholder value. Investors may view it as routine housekeeping for an inactive subsidiary rather than a strategic move.