Patanjali Foods Limited has made a further investment in its wholly-owned subsidiary Contemporary Agro Private Limited (CAPL) by subscribing to 50,00,000 (Fifty Lakh) Zero Percent Redeemable Preference Shares of ₹10 each through a rights issue. The total investment amount is ₹5,00,00,000 (Rupees Five Crore Only).
Investment Details
- Target Entity: Contemporary Agro Private Limited (CAPL)
- Investment Type: Rights issue of preference shares
- Instrument: 50,00,000 Zero Percent Redeemable Preference Shares of ₹10 each
- Total Consideration: ₹5,00,00,000 (paid in cash)
- Post-Investment Holding: The company's shareholding percentage in CAPL remains unchanged at 100%, maintaining its status as a wholly-owned subsidiary.
Subsidiary Background
CAPL was incorporated on April 18, 2024, in India. The company is engaged in agricultural and allied activities, specifically:
- Providing training to farmers
- Utilizing human resources in the field of farming
- Improving all types of farming practices
- Innovation in farming, agriculture, and plantation
- Producing high-quality seeds of fruits, vegetables, and grains
Financial Information
- CAPL Turnover (FY ended March 31, 2026): NIL
- Transaction Classification: Related party transaction (as CAPL is a wholly-owned subsidiary)
- Transaction Basis: Arm's length
Regulatory Approvals
No governmental or regulatory approvals are required for this acquisition.
Transaction Impact
The investment maintains the company's existing 100% ownership in CAPL. The promoter/promoter group/group companies have no interest in CAPL except for the shares held by Patanjali Foods Limited.
Effective Date
The disclosure was signed and submitted on June 19, 2026, by Ramji Lal Gupta, Company Secretary of Patanjali Foods Limited.