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Patanjali Foods

Indian multinational food and beverage company From Wikipedia, the free encyclopedia

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Patanjali Foods, formerly known as Ruchi Soya Industries Ltd, is an Indian multinational fast-moving consumer goods company specialized in the food industry, part of the Patanjali Ayurved. It is headquartered in Indore, India.

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Patanjali Foods is a listed company on Bombay Stock Exchange and National Stock Exchange with ticker symbol "PATANJALI".[2]

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History

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Ruchi Soya Industries Limited was founded in 1986 by Dinesh Sahara, to manufacturer Soybean edible oil.[3]

In January 2010, the company acquired a 50 percent stake in Gemini Edibles & Fats for 45 crore,[4] until the whole company was purchased by the Widjaja family of Indonesia in 2014.[5]

In December 2017, Ruchi Soya Industries entered into insolvency because of its total debt of about ₹12,000 crores.[6][7] In December 2019, Patanjali Ayurved acquired the bankrupt Ruchi Soya for 4,350 crore.[8][9]

In June 2021, Ruchi Soya acquired the biscuits and noodles business of Patanjali for 60 crore.[10] It acquired the food business of Patanjali Ayurved for around 690 crore in May 2022.[11] The company changed its name to Patanjali Foods in June 2022.[12]

In 2023, SEBI froze promoters shares for failing to allow the minimum public shareholding in listed companies at 25%.[13][14]

In 2025, Ptanjali's Organic Wild Honey was revoked after a Referral Laboratory test report confirming that the honey batch complies with food safety regulations, ensuring its safety for consumption. The prohibition order was issued by Office of Administration of Union Territory of Ladakh office of the Assistant Commissioner Food Safety, Drugs & Food Control Organization on March 13, 2025.[15]

In July 2025, Patanjali Foods issued 2:1 ratio bonus and a postal ballot to company's shareholders.[16] Due to this, there has been a huge jump in the company's shares.[17]

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References

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