FSSAI Action on Patanjali Foods : FSSAI has taken major action against Baba Ramdev’s company Patanjali Foods. FSSAI has ordered to withdraw the entire batch of red chilli powder of the company from the market. A particular batch of red chilli powder did not meet the standards of food regulator FSSAI, after which the food regulator has given this order. The company has given this information to the stock market. There is a decline in the shares of the company today after this action.
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Patanjali Foods shares fell
Shares of Patanjali Foods have fallen in today’s trading. Today the company’s shares weakened by more than 1 percent to Rs 1,837. Whereas on Thursday it closed at Rs 1861. This stock has strengthened by about 17 percent in one year.
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what is the batch number
The regulatory filing issued by Patanjali Foods to the market said that the food regulator has issued a notice to Patanjali Foods for non-compliance with the Food Safety and Standards (Contaminants, Toxins and Residues) Regulations, 2011, containing food (i.e. red) of batch number AJD2400012. Instructed to recall the entire batch of chilli powder (pack).
Formed in 1986, Patanjali Foods (formerly Ruchi Soya), a firm of Baba Ramdev-led Patanjali Ayurveda Group, is one of India’s top fast-moving consumer goods (FMCG) companies. The company is present in the edible oil, food & FMCG and wind power generation sectors. Patanjali sells products under various brands like Ruchi Gold, Nutrela etc.
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Patanjali to set up palm oil mill in Mizoram
In another news it was said that Patanjali Foods Limited will set up a palm oil mill in Mizoram. An officer has given this information to the news agency. The official said that two senior officials of the company met Chief Minister Lal Duhoma in Aizawl on Thursday in this regard. He told that this mill will be established in Liafa in Longtalai district of South Mizoram and the company hopes that this project will be completed in a year.
