GQG Partners increases stake in Patanjali Foods by 1.24% for ₹835 cr
The Free Press Journal|September 14, 2024
Billionaire Rajiv Jain-backed GQG Partners on Friday hiked its stake in Patanjali Foods by acquiring a 1.24 per cent holding from promoter group entity Patanjali Ayurved Ltd for about Rs 835 crore through an open market transaction.
GQG Partners increases stake in Patanjali Foods by 1.24% for ₹835 cr

According to the bulk deal data available on the NSE, USbased asset management firm GQG Partners purchased 45.03 lakh shares or 1.24 per cent stake in edible oil major Patanjali Foods.

The shares were picked up at an average price of Rs 1,854 apiece, taking the deal value to Rs 834.99 crore.

This story is from the September 14, 2024 edition of The Free Press Journal.

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This story is from the September 14, 2024 edition of The Free Press Journal.

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