Patanjali Foods Ltd

Patanjali Foods Ltd has issued a clarification regarding a significant movement in its equity share price. The company stated that it remains focused on its growth trajectory and continues to conduct business operations in the ordinary course. Management confirmed that, to their knowledge, there are no material events or circumstances requiring disclosure under SEBI Listing Regulations. Patanjali Foods affirmed its compliance with Regulation 30 of the Listing Regulations, ensuring prompt disclosure of all material information that could impact the company's operations, performance, or share price.

Patanjali Foods Limited has announced the closure of its trading window for designated persons, their immediate relatives, and connected persons. The window will be closed from July 1, 2026, until 48 hours after the declaration of the financial results for the quarter ended June 30, 2026. This measure is in compliance with SEBI's Insider Trading Regulations and the company's Code of Conduct, aimed at preventing insider trading. The company will inform stock exchanges about the board meeting date for approving these financial results.

Patanjali Foods Ltd has received a prohibition order from the Office of Designated Officer (Food Safety), Kannur District, regarding the sale of a specific batch of Sorghum Flour. The order cites the presence of maximum pesticide residues of Chlorpyriphos. The company has stated that there is no material financial or operational impact, except for the value of the affected batch. Patanjali Foods intends to file an appeal against this order.

Patanjali Foods Limited has made a further investment of ₹5 crore in its wholly-owned subsidiary, Contemporary Agro Private Limited (CAPL). The investment was made through the subscription of 50,00,000 Zero Percent Redeemable Preference Shares of ₹10 each via a right issue. CAPL is engaged in farming business and innovation in agriculture. This investment will not change Patanjali Foods' shareholding percentage in CAPL, which will remain at 100%. The transaction is considered a related party transaction and has been conducted at arm's length.

Patanjali Foods Limited announced that GST proceedings initiated by the Assistant Commissioner (ST), Royapuram (C) Assessment Circle, Chennai have been dropped. The company had received a show cause notice on May 25, 2026, alleging discrepancies in GST returns for FY 2022-23, with a demand of ₹1352,92,49,106 plus interest. Patanjali Foods submitted a reply, which was found acceptable by the authority. The authority acknowledged no short payment of tax and rectified an error, thereby dropping the proposed demand. The matter is now closed with no financial impact on the company.

Patanjali Foods Limited has received a communication from the Joint Commissioner (Drugs), Food & Drug Administration, Maharashtra, regarding promotional and labelling claims for its 'Patanjali Karela Jamun Juice'. The authority cited the Drugs and Magic Remedies (Objectionable Advertisements) Act, 1954, suggesting that certain claims may fall under prohibited disease categories. The company has been asked to respond within 15 days and may need to recall the product, discontinue its sale, or modify promotional materials. Patanjali Foods is reviewing the notice with legal advisors and does not currently anticipate a material financial impact.

Patanjali Foods Limited has provided additional details regarding a corporate announcement filed under SEBI regulations. The company explained that a show cause notice (SCN) from the Uttarakhand State Tax Department, received via email on May 30, 2026, was delayed in its official attention due to a weekend and an officer's leave. Consequently, the disclosure to stock exchanges was made on June 02, 2026, after the notice came to the concerned department's attention on June 01, 2026.

Patanjali Foods Limited has received Show Cause Notices from the Uttarakhand State Tax Department demanding ₹4,07,16,282 in alleged ineligible Input Tax Credit (ITC) and other discrepancies for FY 2022-23. The total proposed demand, including penalties and interest, amounts to ₹72,55,70,769. The company is consulting with tax advisors to submit an appropriate response and believes it has grounds to substantiate its position. As of now, Patanjali Foods does not expect any immediate financial liability, but the final implications are uncertain until proceedings conclude.

Patanjali Foods Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, following a review by the Audit Committee. Statutory Auditors, M/s Walker Chandiok & Co. LLP, issued an audit report with an unmodified opinion on these financial results. The board meeting, which commenced at 04:30 P.M. and concluded at 06:00 P.M. on May 30, 2026, also included a review of the audit report. The company has made this information available on its website.

Patanjali Foods Limited has received a Show Cause Notice (SCN) from the Assistant Commissioner (ST), Chennai, intimating alleged discrepancies in GST returns for April 2022 to February 2023. The SCN proposes a tax demand of ₹1,352.92 crores, along with 18% interest and a 10% penalty. The allegation is an under-reporting of taxable turnover by ₹7,516.25 crores, comparing the company's GSTR-3B returns with TDS returns filed by deductors. Patanjali Foods strongly denies these allegations, stating that the figures cited in the SCN are factually incorrect and inconsistent with records on the GST common portal. The company asserts its reported taxable supplies were ₹2,017.27 crores, and TDS returns showed only ₹109.48 crores, not the alleged amounts. Based on legal advice, the company believes it has a strong case and expects the proceedings to be dropped.