Reliance jumps 3% post-AGM on Jio IPO plans; Patanjali, Som Distilleries hit by regulatory setbacks

Sensex gains 450 pts with RIL leading on Jio IPO roadmap. Patanjali Foods' Jowar flour batch restricted in Kerala over pesticide residues. Som Distilleries falls 5% after Bhopal licence rejection. Flair Writing bags Rs 20 cr orders.

— Source publishedMon, 22 Jun, 2026, 06:46 IST·First seen Mon, 22 Jun, 2026, 11:23 IST·Source The Hindu BusinessLine

What happened

Reliance Industries · Sensex gains 450 pts with Reliance up 3% post-AGM on Jio IPO plans. Patanjali Foods' Jowar flour batch restricted in Kerala over pesticide

Key facts

  • Sensex +450 pts
  • Nifty 24,150
  • RIL +3%
  • Patanjali Rs 422.05
  • Som Distilleries -5%
  • Flair Rs 20 cr orders

Why this matters

Jio's IPO setup may free capital and partnership bandwidth across the Reliance ecosystem, while distressed-by-regulation names like Som Distilleries and Patanjali Foods could surface as tuck-in or licensing targets for acquirers with stronger compliance infrastructure.

Also reported by