Sub. : Outcome of the meeting of Board of Directors held on May 30, 2023
Pursuant to Regulation 30 and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at their meeting held today i.e. May 30, 2023, have inter alia:
approved and taken on record the standalone audited financial results of the Company for the quarter and year ended March 31, 2023. A copy of the audited financial results and audit report issued by the Statutory Auditors are enclosed herewith as Annexure-1.
recommended a dividend of Rs. 6/- (300%) per equity share on 36,19,18,554 (net of 76,299 treasury shares) equity shares of Rs. 2.00 each for the financial year ended March 31, 2023 and the same shall be payable subject to approval of the Shareholders at the ensuing Annual General Meeting ('AGM') of the Company.
We may also submit that M/s. Chaturvedi & Shah LLP, Statutory Auditors have issued audit report with unmodified opinion on standalone audited financial results of the company for the year ended March 31, 2023.
A copy of press release being issued by the company is also attached as Annexure-2 for your records.
The results are also being uploaded on the Company's website at www.patanjalifoods.com.
The meeting commenced at 01.00 P.M. and concluded at 06.20 P.M. on May 30, 2023.
The above is for your information and records please.
Patanjali Foods Ltd. published this content on 31 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2023 06:19:06 UTC.
Patanjali Foods Limited is an India-based company, which is engaged in edible oil business oil palm plantation company. The Companyâs segments include Edible oils, Food & FNCG, and Wind Turbine Power Generation. The Edible oils segment includes crude oils, refined oils, vanaspati, bakery fats, seed extractions and other. The Food & FMCG segment includes various types of food products, nutraceuticals, biscuits, noodles, breakfast, cereals, textured soya protein, and other related products. The Wind Turbine Power Generation segment is engaged in electricity generation from windmills. The Companyâs product categories include Biscuit Division Ruchi Sunlight Oil, Mahakosh Oil, Sunrich Oil, Ruchi Gold Oil, Nutrela Oil, Nutrela Soya Foods, Nutrela New Products, Ruchi Star Soyabean Oil, Vanaspati, Bakery Fats, and Nutraceutical Division. It owns 22 manufacturing units that cumulatively translate to a refining capacity of over 11000 tons per day, seed crushing capacity of 11000 tons per day.