Patanjali Foods share price surged over 2% on July 15, 2025, after the company announced a board meeting to consider issuing bonus shares, its first-ever proposal of this kind.
Indian benchmark indices opened on a strong note in early trade on Tuesday, July 15, 2025. The Nifty 50 gained 0.44% while the Sensex rose by 0.41%, reflecting broad market optimism.
Patanjali Foods Limited, which saw its share price rise by more than 2%, marking its best single-day performance in nearly two months. The stock gained attention after the company announced that its Board of Directors would meet on Thursday, July 17, 2025, to consider a proposal for issuing bonus shares, subject to shareholder approval.
This marks the first-ever bonus issue proposal in the company’s history.
Patanjali Foods Limited (PFL), formerly known as Ruchi Soya Industries Limited (RSIL), is a key player in India’s edible oils and FMCG sectors (including food and home & personal care products).
Established in 1986 with a focus on edible oils and oil seeds (including palm plantations), the company underwent a significant transformation when, in 2019, Patanjali Ayurved Limited (PAL) and its group entities — Patanjali Gramudhyog Nayas, Patanjali Parivahan Private Limited, and Yogakshem Sansthan — acquired RSIL through the Corporate Insolvency Resolution Process (CIRP) for approximately ₹4,350 crore.
In June 2022, RSIL was renamed as Patanjali Foods Limited. Later, PFL also acquired various FMCG businesses from PAL on a slump sale basis, with a perpetual royalty agreement for brand usage.
Patanjali Foods has consistently rewarded its shareholders with dividends in the past:
Despite the strong move of over 2% on Tuesday, Patanjali Foods shares are still down 4.10% on a year-to-date (YTD) basis. In contrast, during the full year 2024, the stock had delivered returns of 13.14%.
Disclaimer: The article is for informational purposes only and not investment advice.
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