Patanjali Foods Shares Drop 3% After ₹272 Crore Block Deals

• Patanjali Foods shares declined by nearly 3% on Monday, February 9, following significant block deals.
• Approximately 53.6 lakh shares (1.48% equity) worth ₹272 crore were traded at an average of ₹509 per share.
• The identities of the buyers and sellers involved in the block deals remain undisclosed.
• Promoter group Patanjali Ayurved Ltd. holds a 29.6% stake, with other promoter entities also holding substantial shares.
• Institutional investors like mutual funds (3.32%), insurance companies (9.72%), and GQG Partners (3.7%) are also stakeholders.