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    HomeNewsOpinionPatanjali Foods’ OFS will see promoters laugh all the way to the bank

    Patanjali Foods’ OFS will see promoters laugh all the way to the bank

     The offer for sale is to fulfil a legal requirement of a minimum public stake in Patanjali Foods. In doing so, the promoters stand to make a windfall 

    Ravi Ananthanarayanan
    July 13, 2023 / 10:36 IST
    Patanjali Foods’ promoters own 80.82 percent stake in the company, which needs to be lowered to 75 percent, meaning a reduction of 5.82 percentage points
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