Patanjali Foods shares fall nearly 20%, the most in six years; CEO clarifies on sell-off

Among large shareholders, Life Insurance Corporation of India (LIC) holds over 9% stake, while GQG Partners has a 2.89% stake in Patanjali Foods as on June 30. In fact, over the last five quarters, GQG Partners’ stake in Patanjali Foods has been on the decline. GQG Partners had a 4.56% stake in the company as of June 2025.

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