GQG Partners invests Rs 2400 cr in Patanjali Foods
The Florida-based company has bought nearly 6% stake in Patanjali, as per news reports
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Published: Jul 19, 2023 10:08 AM | 1 min read
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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.
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