Patanjali Foods Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
PATANJALI · price
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Patanjali Foods Limited has informed the stock exchanges that its Board of Directors, at a meeting held on June 16, 2025, approved amendments to the company's MOA and AOA to add electricity generation as a permitted business activity. The change is being made to comply with an order issued by the Madhya Pradesh Electricity Regulatory Commission (MPERC) dated May 27, 2025, which requires companies seeking captive power generation status to have provisions for electricity generation in their constitutional documents. The amendment is subject to approval from shareholders. The move suggests the company may be planning to set up captive power generation for its own facilities.
This is a procedural change required for Patanjali Foods to potentially set up captive power plants, which could help reduce long-term electricity costs at its manufacturing units. For shareholders, the impact on stock price is likely minimal in the short term, but it signals a step towards cost optimization through in-house power generation.