Patanjali Foods

Last updated

Patanjali Foods
Company type Public
ISIN INE619A01035
Industry Food processing
Founded1986;40 years ago (1986)
Headquarters
Indore, Madhya Pradesh
,
India
Area served
Worldwide
Products
RevenueIncrease2.svg₹31,916 crore (US$3.8 billion) (FY24) [1]
Decrease2.svg₹1,482 crore (US$180 million) (FY24) [1]
Increase2.svg₹1,060 crore (US$130 million) (FY24) [1]
Parent Patanjali Ayurved
Website www.patanjalifoods.com

Patanjali Foods, formerly known as Ruchi Soya Industries Ltd, is an Indian multinational fast-moving consumer goods company specialized in the food industry, part of the Patanjali Ayurved. It is headquartered in Indore, India.

Contents

Patanjali Foods is a listed company on Bombay Stock Exchange and National Stock Exchange with ticker symbol "PATANJALI". [2]

History

Ruchi Soya Industries Limited was founded in 1986 by Dinesh Sahara, to manufacture soybean edible oil. [3]

In January 2010, the company acquired a 50 percent stake in Gemini Edibles and Fats India for ₹45 crore, [4] until the whole company was purchased by the Widjaja family of Indonesia in 2014. [5]

In December 2017, Ruchi Soya Industries entered into insolvency with a total debt of about ₹12,000 crore. [6] [7] In December 2019, Patanjali Ayurved acquired the bankrupt Ruchi Soya for ₹4,350 crore. [8] [9]

In June 2021, Ruchi Soya acquired the biscuits and noodles business of Patanjali Ayurved for ₹60 crore. [10] It acquired the food business of Patanjali Ayurved for around ₹690 crore in May 2022. [11] Ruchi Soya changed its name to Patanjali Foods in June 2022. [12]

In 2023, SEBI froze promoters shares for failing to allow the minimum public shareholding in listed companies at 25%. [13] [14]

In 2025, a prohibition order on the sale of Patanjali Organic Wild Honey was revoked. [15]

In September 2025, Patanjali Foods signed a MoU with Ministry of Food Processing Industries, Government of India and announced ₹1000 crore investment in food processing across Uttarakhand, Uttar Pradesh, Madhya Pradesh, Maharashtra, Karnataka and Odisha. [16]

In December 2025, the company filed a commercial suit against a YouTube channel named Trustified for allegedly publishing a “false and defamatory” video claiming that its Nutrela Soya Chunks failed safety tests. The court ordered the removal of the video and directed payment of damages amounting to ₹15.5 crore. [17]

In January 2026, Patanjali Foods Limited Invests ₹35 Crores in Wholly-Owned Subsidiary Rishi Krishi Farming Pvt Ltd.. [18]

References

  1. 1 2 3 "Patanjali Foods Ltd". Moneycontrol.
  2. ↑ "Patanjali Foods Share Price Today, Patanjali Foods Stock Price Live NSE/BSE, Share Price Insights". The Economic Times.
  3. ↑ "Ruchi Soya inks MOU with Arunachal Pradesh government". The Indian Express . 10 October 2016.
  4. ↑ "Ruchi Soya buys 50 pc in Gemini for Rs 45 crore". The Economic Times . 7 January 2010.
  5. ↑ Verma, Anuradha (13 November 2014). "Widjaja Family Promoted Golden Agri Buying 75% Stake In Ruchi Soya Arm For $25.6M". VCCircle.
  6. ↑ "Ruchi Soya's Run Of Bad Luck And A Self-Inflicted Injury". BloombergQuint. 21 June 2018. Retrieved 21 April 2020.
  7. ↑ "Ruchi Soya's lenders to meet today to consider highest bidder Adani Wilmar's Rs 6,000 cr bid". Firstpost. August 2018. Retrieved 21 April 2020.
  8. ↑ "Patanjali Ayurved completes acquisition of bankrupt Ruchi Soya for ₹4,350 cr". Livemint. 18 December 2019. Retrieved 13 July 2020.
  9. ↑ "Ruchi Soya Industries Ltd now becomes Patanjali Foods Ltd". The Economic Times . 28 June 2022.
  10. ↑ Chakraborty, Chiranjivi (15 June 2021). "Ruchi Soya acquires biscuits, noodles business of Patanjali ahead of FPO". The Economic Times .
  11. ↑ D'Souza, Sharleen (19 May 2022). "Ruchi Soya acquires Patanjali Ayurved's food business for Rs 690 crore". Business Standard .
  12. ↑ "Ruchi Soya Industries renamed Patanjali Foods with effect from June 24". Business Standard. 28 June 2022. Retrieved 7 February 2023.
  13. ↑ Sethuraman, Nallur; Upadhyay, Jayshree (16 March 2023). "India's Patanjali Foods falls after stock exchanges freeze promoters' shares". Reuters . Retrieved 18 March 2023.
  14. ↑ Bhalla, Akriti (14 March 2023). "Ramdev's Patanjali Foods has lost its mojo". The Morning Context . Retrieved 18 March 2023.
  15. ↑ "Patanjali Foods says prohibition on Patanjali Organic Wild Honey revoked". The Economic Times. 10 July 2025.
  16. ↑ "Patanjali Foods commits Rs 1,000 crore investments in food processing to create 7,000 jobs". Zee Business.
  17. ↑ Sah, Purnima (19 December 2025). "Patanjali Foods moves Bombay HC over 'defamatory' YouTube video on Nutrela Soya Chunks". The Hindu.
  18. ↑ "Patanjali Foods Limited Invests ₹35 Crores in Wholly-Owned Subsidiary Through Rights Issue". scanx.trade.
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