Patanjali Ayurved Limited, which is owned by Baba Ramdev, is planning to sell its non-food business, which includes products like toothpaste, oil, soap, and shampoo.
The board also authorised officials to carry out due diligence, appoint professionals, negotiate the terms and conditions of the proposal, and report the findings to the Audit Committee and the board for further consideration. To strengthen its product portfolio, Patanjali Foods acquired the biscuits business of Patanjali Natural Biscuits Pvt Ltd for Rs 60.03 crore in May 2021.
Mezzan Holding, a leading manufacturer and distributor of food, beverage, FMCG, and pharmaceutical products, has seen its FY2023 make a major turnaround from a net loss of KD2 million in FY2022 to KD11.5 million in FY2023.
Mezzan Holding, a leading manufacturer and distributor of food, beverage, FMCG, and pharmaceutical products, has seen its FY2023 make a major turnaround from a net loss of KD2 million in FY2022 to KD11.5 million in FY2023.