Patanjali Foods gets CCI nod for Rs 1,100-crore buyout of parent's home & personal care business

The Competition Commission of India approved the acquisition of Patanjali Ayurved’s home and personal care business by Patanjali Foods for Rs 1,100 crore. This acquisition aims to boost Patanjali Foods' position in the FMCG market. Patanjali Foods had recorded a revenue of Rs 31,961.62 crore in the last fiscal year.