GQG Partners invests Rs 2400 cr in Patanjali Foods

The Florida-based company has bought nearly 6% stake in Patanjali, as per news reports

GQG Partners has made a Rs 2400-crore investment in Baba Ramdev's Patanjali Foods.

The Florida-based company has bought a 5.96% stake in Patanjali, as per news reports.

With this investment, Patanjali is said to have become compliant with minimum public shareholding requirements of 75%.

GQG has also made some rounds of investments in Gautam Adani-owned companies.