Patanjali Foods has announced a further investment in its wholly-owned subsidiary, Rishikrishi Farming Private Limited (RFPL), through a rights issue. The investment involves subscribing to 35,000,000 Zero Percent Redeemable Preference Shares, amounting to ₹35 Crore. This move aims to support and enhance RFPL’s operations in farming, agriculture, and plantation sectors, while maintaining Patanjali Foods’ 100% ownership.
Strategic Investment in Subsidiary
Patanjali Foods is reinforcing its commitment to the agricultural sector with an additional investment in Rishikrishi Farming Private Limited (RFPL). The company is investing ₹35 Crore in its wholly-owned subsidiary through the subscription of 3,50,00,000 Zero Percent Redeemable Preference Shares via a rights issue. This investment will ensure Patanjali Foods continues to hold 100% of RFPL’s share capital.
RFPL’s Business Focus
Rishikrishi Farming Private Limited is dedicated to improving farming practices and innovation within the agriculture and plantation sectors. The investment aims to further these objectives, supporting RFPL’s role in researching and developing quality seeds for fruits, vegetables, and grains. As of March 31, 2025, RFPL’s turnover was reported as NIL.
Maintaining Full Ownership
The rights issue ensures that Patanjali Foods will retain its 100% ownership of Rishikrishi Farming Private Limited. This strategic decision underscores Patanjali Foods’ commitment to supporting and expanding its subsidiary’s capabilities in the farming and agriculture industries, enabling it to contribute effectively to the sector’s growth and innovation.
Source: BSE
