Patanjali Foods To Issue 2:1 Bonus Shares

Patanjali Foods Ltd. on Thursday announced that its board has approved a bonus issue in the ratio of 2:1, granting shareholders two bonus shares for every share held.

In total, the company will issue 725.01 million equity shares of face value ₹2 each. Patanjali Foods said it will announce the record date for the bonus issue shortly, as per its exchange filing.