Patanjali Foods Limited — Important, 13-03-2025: General Updates

Patanjali Foods Limited has received a prohibition order from the Office of Administration of the Union Territory of Ladakh, concerning the sale of a specific batch of Patanjali Organic Wild Honey. The prohibition stems from findings of Nitrofurans and its metabolites in the product, which are deemed unsafe per food safety regulations. While the estimated financial implication for this incident is around ₹14.00 crore in terms of the affected batch's value, the company notes that there is no material impact on its overall financial or operational activities. Continuous monitoring and review will follow, dependent on the outcome from the appellate laboratory on this matter. Investors should keep an eye on potential reputation risks as the situation develops.