In today’s session alone, the shares of Patanjali Foods have surged by 4%.
“Pursuant to Regulation 29(1)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we may inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, July 17, 2025, inter alia to consider a proposal for issue of Bonus Shares subject to approval of the shareholders of the Company,” the company had said in an exchange filing.
If approved, this will be the first-ever bonus issue in the history of Patanjali Foods, according to Trendlyne data.
Patanjali Foods shareholding
Out of the total shareholding in Patanjali Foods, 69.5% of the equity is held by the promoter and the promoter group, while the remaining 31.5% rests in the hands of the public shareholders like FIIs, mutual funds etc.
Patanjali Foods share price target
According to Trendlyne data, the average 1 year share price target for Patanjali Foods is Rs 2,116, which indicates an upside potential of 21.4% in the stock from its previous closing price.Around 11:40 am, the shares of Patanjali Foods were trading 3.7% higher at Rs 1,807.45 on the BSE.
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