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Patanjali to start FPO for Patanjali Foods

Patanjali to start FPO for Patanjali Foods from April as BSE, NSE freeze shares, says Ramdev

Patanjali Foods said on March 16 that it will start the process of launching a Follow-On Public Offering (FPO) in April to increase the public shareholding to 25%. This is because stock exchanges have frozen the shares of its founders. But in an interview with the news agency PTI on Thursday, Baba Ramdev reassured his…

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