Patanjali Foods Limited announced that the company has incorporated two wholly owned subsidiary companies namely, "Contemporary Agro Private Limited" and "Rishikrishi Farming Private Limited" in India. Name(s) of the target entity, details: "Contemporary Agro Private Limited":- Paid-up Share Capital: INR 2,000,000. 200,000 shares at a price of INR 10 per share.

Industry to which the entity being acquired belongs: Agricultural and its allied activities. The WOS Company is Incorporated in India to provide training to farmers, to use other human resources in the field of farming, improve all type of farming and innovate in the area of farming, agriculture and plantation, to produce high quality of seed of fruits, vegetables and grains. Rishikrishi Farming Private Limited:- paid-up share capital: INR 2,000,000.

2,00,000 shares at a price of INR 10 per share. The Wholly Owned Subsidiary (WOS) Company is a related party of Patanjali Foods Limited. The WOS Company is Incorporated in India to provide training to farmers, to use other human resources in the field of farming, improve all type of farming and innovate in the area of farming, agriculture and plantation, to produce high quality of seed of fruits, vegetables and grains.