INSUBCONTINENT EXCLUSIVE:
Patanjali Foods on Thursday announced a bonus issue in the ratio of 2:1 and approved a postal ballot notice to seek shareholders' approval
equity shares of Rs 2 (Rupees Two Only) each for every 1 (One) existing fully paid-up equity share of Rs 2 (Rupees Two Only), to eligible
date for determining the eligibility of shareholders entitled to receive the bonus shares will be announced in due course.The total number
of securities proposed to be issued is approximately 72,50,12,628 equity shares of face value Rs 2 each.The estimated date by which the
bonus shares will be credited/dispatched is within two months from the date of the board meeting, i.e., on or before September 16,
2025.
Live EventsThe bonus shares will be issued by capitalizing the capital redemption reserve, securities premium, and/or general reserve,
subject to shareholder approval.- Pre-bonus paid-up share capital: 36,25,06,314 equity shares of face value Rs 2 each, aggregating to Rs
72,50,12,628- Post-bonus paid-up share capital: 108,75,18,942 equity shares of face value Rs 2 each, aggregating to Rs 217,50,37,884Over the
last two years, shares of Patanjali Foods have risen 48.42%, and over the past three years, they are up 79.49%.