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Patanjali Foods to evaluate proposal to buy Patanjali Ayurved's non-food business, ET Retail

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. ....

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Mezzan Holding turns around in FY2023, posts $37.5m net

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.
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