Patanjali Foods announces first-ever 2:1 bonus issue of shares
Patanjali Foods Limited's Board has recommended a 2:1 bonus issue, subject to shareholder approval. This means two new shares for every one held, capitalising reserves. Approximately 72.5 crore new shares will be issued, increasing the company's paid-up share capital from ₹72.50 crore to ₹217.50 crore post-bonus, reflecting strong financial health and growth.