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Patanjali Foods climbs on planning to invest up to Rs 1,500 crore in next five years on capex

Patanjali Foods climbs on planning to invest up to Rs 1,500 crore in next five years on capex
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BREAKING: Patanjali Group plans to float 4 IPOs in next five years

Patanjali Group IPO Plan: Earlier this year, Baba Ramdev-owned Patanjali Ayurved divested its food retail business to group company Ruchi Soya Industries Ltd last month for Rs 690 crore. Through its follow-on public offer (FPO), Ruchi Soya collected Rs 4,300 crore, to clear its bank and long-term borrowings.

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