Brief: Patanjali Foods Clarifies On News Item "Patanjali Ayurved's Non-Food Business To Merge With Patanjali Foods"

Patanjali Foods

11/06/2024 14:39

June 11 (Reuters) - Patanjali Foods Ltd  PAFO.NS :
    * CLARIFIES NEWS ITEM IN MEDIA ON PATANJALI AYURVED'S NON-FOOD BUSINESS TO
MERGE
WITH PATANJALI FOODS
    * ON APRIL 26, 2024 HAD DISCUSSED INITIAL PROPOSAL RECEIVED FROM PATANJALI
AYURVED
    * DISCUSSION IS IN PROGRESS
    * A COMMITTEE OF INDEPENDENT DIRECTOR, CEO, CFO WAS FORMED TO EVALUATE
PROPOSAL,
CARRY OUT DILIGENCE AND VALUATIONS


Further company coverage:  PAFO.NS 

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