Patanjali Foods Limited Confirms Ordinary Course of Business Amid Share Price Movement

Patanjali Foods Limited Confirms Ordinary Course of Business Amid Share Price Movement

Patanjali Foods Limited Confirms Ordinary Course of Business Amid Share Price Movement​

Patanjali Foods Limited has stated that it continues to pursue its business objectives and maintain ordinary course operations, confirming that there are no material events or circumstances requiring disclosure regarding the significant movement in the price of the company's equity shares.

The management of Patanjali Foods Limited confirmed that, to the best of their knowledge, all necessary disclosures concerning material events and information have been duly disseminated. The company affirmed that it remains focused on its growth path and is carrying out its business operations as normal while pursuing its objectives.

PATANJALI Stock Price Movement​

Patanjali Foods Limited shares are tumbling by 15.50% in live trading as of 12:33 PM, currently priced at ₹344.40 after plunging to a 52-week low. The equity sees heavy selling pressure, with nearly 49 million shares traded during the session.
 

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