Patanjali Infuses ₹25 Crore in Contemporary Agro Private Limited

Patanjali Food Limited infused rights-based equity share subscription into its subsidiary with Rs 25 crore in Contemporary Agro Private Limited (CAPL).

PATANJALI FOOD LTD, the BSE filing said, acquired 2.5 million equity shares of CAPL on September 23.

About CAPL: 
CAPL is headed by Baba Ramdev and Balkrishna, which works for Farmer Training and Empowerment, Innovative farming practices, High-quality seed production for fruits, vegetables, and grains.

Advertising and sales promotion at Patanjali increased 145 per cent to Rs 424.7 crore for FY2024.
Completely-owned subsidiaries, Contemporary Agro and Rishikrishi Farming
Approved for acquiring non-food business of Patanjali Ayurved Limited
Acquired biscuits, noodles, breakfast cereals, food business in the past