Archive · 31 May 2025
Patanjali Ayurved Faces Scrutiny Over Suspicious Transactions
The Indian government is looking into some money movements by Patanjali Ayurved, a company started by yoga guru Baba Ramdev.
The government's economic intelligence team found some transactions that seemed odd.
The Corporate Affairs Ministry sent a notice to the company, giving them about two months to explain.
This isn't the first time Patanjali has been under scrutiny, as they've also had tax issues and faced restrictions on how they market their products.
The ministry will also look at whether the company has followed proper rules and if they have diverted funds.
The company’s shares have declined close to 10% so far this month.
India's government is investigating Patanjali Ayurved Ltd. over suspicious transactions.
The Corporate Affairs Ministry sent a notice after the economic intelligence wing flagged unusual transactions.
The company has about two months to respond to the notice.
The ministry will also investigate corporate governance breaches and fund diversion.
This is not the first time Patanjali has faced government scrutiny, including tax and marketing issues.
- Who
- Patanjali Ayurved Ltd. and the Corporate Affairs Ministry are involved.
- What
- The Corporate Affairs Ministry has asked Patanjali Ayurved to explain some transactions deemed suspicious.
- When
- The notice was sent recently.
- Where
- India.
- Why
- To investigate potential corporate governance breaches and fund diversion.
- Company
- Patanjali Ayurved Ltd.
- Co-founder
- Baba Ramdev
- Authority
- Corporate Affairs Ministry
- Issue
- Suspicious Transactions
- Action
- Ministry sent a notice to explain transactions
- Other Scrutiny
- Show-cause notices for alleged non-payment of taxes