Latest news with #PatanjaliOrganicWildHoney
Mint
2 days ago
- Business
- Mint
Patanjali Foods share price gains over 3% as board to consider bonus share issue on THIS date
Shares of FMCG company Patanjali Foods gained 3% in Tuesday's intraday deals, July 15, to hit a 5-week high of ₹ 1717.30 apiece after the company announced that its board will consider a bonus issue at its upcoming meeting. The company announced that a meeting of the Board of Directors is scheduled to be held on Thursday, July 17, 2025, to consider a proposal for the issue of bonus shares, subject to approval of the shareholders of the company. The announcement was made on July 14, 2025, through a regulatory filing. The company has also confirmed the closure of the trading window for dealing in the company's securities. This restriction applies to directors, promoters, key managerial personnel, designated persons, and connected persons and commenced on July 1, 2025. The trading window will remain closed until 48 hours after the declaration of the financial results for the quarter ended June 30, 2025. Recently, the company announced that the ban on Patanjali Organic Wild Honey in the Union Territory of Ladakh has been lifted after it cleared food safety and standards regulations. The company's shares came under pressure after touching a new all-time high of ₹ 2,007 in mid-April and have since declined by 15%. In the quarter ended March 2025, the company reported a 74% year-on-year increase in its standalone net profit to ₹ 358.53 crore, compared to ₹ 206.31 crore in the same period last year. Revenue from operations rose to ₹ 9,744.73 crore in the March quarter, up from ₹ 8,348.02 crore in the corresponding quarter of the previous year. For the full financial year 2024–25, net profit increased to ₹ 1,301.34 crore from ₹ 765.15 crore in the preceding year. Total income also grew to ₹ 34,289.40 crore in FY25, compared to ₹ 31,961.62 crore in FY24. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Time of India
7 days ago
- Health
- Time of India
Patanjali Foods says prohibition on Patanjali Organic Wild Honey revoked
Synopsis Patanjali announced that a prohibition order on the sale of a specific batch of Patanjali Organic Wild Honey has been lifted immediately. This decision follows a Referral Laboratory test report confirming the honey batch adheres to food safety regulations, ensuring it is safe for consumers. The initial order was issued by the Office of Administration of Union Territory of Ladakh.
Business Upturn
7 days ago
- Business
- Business Upturn
Patanjali Foods' wild honey batch cleared for sale as Ladakh authority revokes prohibition order
By Aditya Bhagchandani Published on July 10, 2025, 11:29 IST Shares of Patanjali Foods Limited may come into focus after the company informed the exchanges that the prohibition order on the sale of a batch of its Patanjali Organic Wild Honey has been revoked. In a filing to BSE and NSE dated July 10, 2025, the company stated that the Office of the Assistant Commissioner, Food Safety, Drugs & Food Control Organization, Kargil, UT Ladakh, has withdrawn its earlier order prohibiting the sale of a particular batch of Patanjali Organic Wild Honey. The earlier prohibition was imposed after the primary laboratory reportedly found the batch to be non-compliant with food safety standards. However, the company clarified that the batch was subject to a review by an appellate (referral) laboratory, which has now confirmed that the batch complies with the Food Safety and Standards (Contaminants, Toxins and Residues) Regulations, 2011, and is safe for consumption. The order revoking the prohibition was issued on July 9, 2025, and is effective immediately. 'This is for your information and records please,' the company said in the filing signed by Company Secretary Ramji Lal Gupta. The development removes a regulatory overhang on the company's food products and comes as a relief after the earlier adverse finding. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
