Patanjali Foods Share Price Rises Ahead of First-Ever Bonus Share Decision on July 17

Patanjali Foods Share Price Rises Ahead of First-Ever Bonus Share Decision on July 17

Market Performance

  • Patanjali Foods' share price was trading 0.8% higher on Tuesday at ₹1,686.9.
  • The stock is down 7% year-to-date in 2025.
  • Over the last month, it has shown flat performance, reflecting limited investor movement.

Main News: Bonus Share Consideration

Patanjali Foods Ltd. has officially announced that it will consider issuing bonus shares in its upcoming board meeting scheduled for Thursday, July 17.

This marks a significant milestone for the FMCG player as it will be the first-ever bonus share proposal by the company.

The company disclosed the development in an exchange filing on Monday, July 14, drawing fresh attention to its upcoming strategic move.

Company Details

  • Patanjali Foods, formerly known as Ruchi Soya, was acquired by Patanjali Ayurved in 2019.
  • The acquisition was completed through the insolvency process at a total cost of ₹4,350 crores.
  • In 2022, the company raised ₹4,300 Crore through a Follow-on Public Offer (FPO) under its previous brand name, Ruchi Soya.
  • A significant portion of these funds was used to retire the company's outstanding debt.
  • Post FPO, the brand was renamed Patanjali Foods in June 2022, and the stock started trading under the new name from June 24, 2022.

Dividend History

Patanjali Foods has a consistent dividend payout record in recent years:

  • ₹8 per share in November 2024 (interim dividend)
  • ₹6 per share in March 2024 (interim dividend)
  • ₹6 per share in September 2023 (final dividend)
  • ₹5 per share in September 2022

This reflects the company's ongoing commitment to delivering shareholder returns, even as the stock has underperformed in 2025.

Summary

The Patanjali Foods share price is back in focus after the company's announcement to consider its first-ever bonus share issue on July 17.

Despite being down 7% in 2025, this development may draw interest from market participants tracking bonus-related corporate actions.

The company, formerly Ruchi Soya, has undergone significant transformations since its acquisition by Patanjali Ayurved in 2019 and maintains a record of dividend distribution.

As investors await the board's decision, all eyes remain on the Patanjali Foods share price for any movement leading up to the board meeting.

Download the Samco Trading App

Get the link to download the app.

Samco Fast Trading App

Leave A Comment?