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Ruchi Soya Industries Limited is engaged primarily in the business of processing of oil-seeds and refining of oil for edible use.
Patanjali Foods' Board declared interim dividends: Rs 1.50/share for FY25-26 and Rs 0.80/share for FY26-27. These payouts are subject to Tax Deducted at Source. Shareholders should ensure their PAN and bank details are updated for accurate tax withholding.
Patanjali Foods received show cause notices for alleged ineligible Input Tax Credit, demanding ~Rs. 76.63 Cr (tax + penalty). The company plans to challenge the claim, stating it has adequate grounds and expects no financial liability.
Patanjali Foods received a GST notice proposing a Rs. 1,352.92 Cr tax demand for alleged Rs. 7,516.25 Cr turnover under-reporting. Company denies allegations, stating facts are incorrect and the demand lacks basis. Management expects the case to be dropped.
Patanjali Foods (PFL) acquires leasehold rights for a 4,00,016 sq meter plot with a building (673.90 Cr) and biscuit manufacturing plant/machinery (76.10 Cr) from promoter group company PAL. This move aims to boost PFL's manufacturing, efficiency, and future growth.
Patanjali Foods (PFL) has allotted 1,03,101 new equity shares to employees exercising options under its ESOP 2023. This strategic move increases the company's paid-up equity share capital from Rs. 72.50 Cr to Rs. 72.52 Cr. Each share, with a face value of Rs. 2, was exercised at Rs. 1,262.24. This...