GQG Partners LLC Reduces Stake in Patanjali Foods by 2.04% Through Multiple Market Transactions
GQG Partners LLC and associated entities have reduced their collective stake in Patanjali Foods Limited from 6.03% to 5.94% through disposal of 1,079,229 shares via multiple on-market transactions between September 2024 and February 2026. The 2.04% aggregate change in shareholding triggered mandatory disclosure under SEBI regulations, with GQG Partners serving as investment manager for 15 entities involved in the transactions.

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Patanjali Foods Limited has received a disclosure from GQG Partners LLC regarding substantial changes in shareholding by the investment manager and its associated entities. The disclosure, made under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, reveals significant stake reduction through multiple market transactions.
Shareholding Changes Overview
GQG Partners LLC, acting as investment manager for multiple entities, has disposed of equity shares in Patanjali Foods through various on-market transactions. The collective shareholding of the acquirer and persons acting in concert (PACs) has decreased substantially over the reporting period.
| Parameter | Before Disposal | After Disposal | Change |
|---|---|---|---|
| Total Shares Held | 65,641,868 | 64,562,639 | (1,079,229) |
| Shareholding Percentage | 6.03% | 5.94% | (0.09%) |
| Diluted Capital Percentage | 5.99% | 5.89% | (0.10%) |
Transaction Timeline and Method
The share disposals occurred through multiple on-market transactions spanning from September 16, 2024, until February 11, 2026. On February 11, 2026, the shareholding of the acquirer and PACs changed by 2.04% compared to the last disclosure, triggering the regulatory disclosure requirement.
The transactions were executed as sales of equity shares through open market transactions, including disposal of shares across various trading sessions. GQG Partners LLC made investment decisions on behalf of all the acquirer entities and PACs throughout this period.
Entity-wise Shareholding Details
The disclosure covers 15 entities associated with GQG Partners LLC, with the largest holdings maintained by:
| Entity | Pre-disposal Shares | Post-disposal Shares | Percentage |
|---|---|---|---|
| GQG Partners Emerging Markets Equity Fund | 36,672,052 | 36,114,217 | 3.32% |
| GQG Partners Emerging Markets Equity Fund A Series | 6,987,524 | 6,876,627 | 0.63% |
| AustralianSuper | 5,200,908 | 5,075,375 | 0.47% |
| GQG Partners Emerging Markets Equity Fund (UCITS) | 3,493,977 | 3,435,291 | 0.32% |
Company Capital Structure
Patanjali Foods Limited's equity share capital remains unchanged at INR 1,087,828,245, divided into 543,914,123 equity shares with a face value of INR 2.00 each. The total diluted share capital stands at INR 1,096,336,740, comprising 548,168,370 equity shares with the same face value.
Regulatory Compliance
The disclosure confirms that GQG Partners LLC and associated entities do not belong to the promoter or promoter group of Patanjali Foods Limited. The company's shares are listed on BSE Limited (Scrip Code: 500368) and National Stock Exchange of India Limited (Symbol: PATANJALI). The disclosure was signed by Sal DiGangi, Chief Compliance Officer of GQG Partners LLC, dated February 13, 2026.
Historical Stock Returns for Patanjali Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.85% | +0.31% | -3.34% | -12.26% | -13.38% | -23.45% |


































