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Patanjali surges 3% after GQG acquires 6% stake via OFS

Patanjali Foods recently completed a sale of a 7 percent stake, resulting in a decrease in the promoter group s ownership in the company to 73.82 percent from 80.82 percent. This transaction ensured compliance with the minimum shareholding requirements ....

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Patanjali Foods GQG: Adani investor GQG bets over Rs 2,400 crore on Baba Ramdev's Patanjali Foods

In the offer of sale (OFS), NRI Rajiv Jain-led GQG picked a 5.96% stake or about 2.15 crore shares of Patanjali. The floor price was kept at Rs 1,000 per share but allotment to non-retail investors was done at a share price of Rs 1,103.80. GQG s investment would, therefore, be worth around Rs 2,400 crore. ....

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GQG Partners picks up stake in Patanjali Foods for ₹2,400 crore

GQG Partners picks up stake in Patanjali Foods for ₹2,400 crore
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patanjali foods ofs: Patanjali Foods launches OFS, promoter to offload up to 9% stake

Patanjali Ayurved will offload about 2.53 crore equity shares under the OFS, which represents 7% stake, and in the case of oversubscription, the promoter is planning to sell additional 2%. ....

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