NCDs will carry a coupon rate of 10.10 per cent with a tenure of three years
In a promotional video made public this week, Ramdev says 'we've done scientific research and found Ashwagandha doesn't allow blending of corona protein with human protein'
A three-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya extended the deadline to December 23
The loan to Patanjali Ayurved comes a few weeks after CARE Ratings withdrew its rating on the firm in October
Patanjali said it has got loans of Rs 1,200 crore from SBI, Rs 700 crore from PNB, Rs 600 crore from UBI, Rs 400 crore from Syndicate Bank and Rs 300 crore from Allahabad Bank
The appellate is hearing some other matters related to Ruchi Soya, which are slated to be heard on December 9
The top line growth for Patanjali that once used to grow by leaps and bounds - between 2012-13 and 2016-17 - has come down since
The brand's incessant and belligerent advertising seems to have hit the pause button; once a permanent fixture on TV, it has slipped off the list of its top 10 advertisers
The tribunal also asked the resolution professional to furnish the actual cost of the entre resolution process
Senior state officials have previously warned that the govt move will help private companies that illegally procured land in Aravalli, and that it should not be allowed
The yoga guru's companies and associates, bypassing restrictions, have discreetly purchased a large tract of forested, hilly common land in a village in Faridabad, Haryana
Patanjali acquired Ruchi Soya Industries in an insolvency auction started by lenders to recover over Rs 9,300 crore loans
The revised offer will mean the lenders will have to write off 60% of their dues
According to the NAA, Patanjali did not pass on benefits worth Rs 150 crore, spanning over 100 SKUs
The products would be sold under the brand name 'Jharkhand Jaivik'
Adani group beat Patanjali is the highest bidder for the debt-ridden company. However, Patanjali Ayurved has raised concerns about Adani Wilmar's eligibility to bid for Ruchi Soya.
This would have an impact on Baba Ramdev's stated goal of making Patanjali the largest FMCG company in the country by March 2019
The firm is expected to enter into agreements this month with major online retailers like Amazon
Patanjali, which has gained a major foothold in the FMCG and Ayurvedic market, has shown an appetite for diversifying into various unrelated sectors
The plant will produce biscuits, suji, noodles and flour