Ruchi Soya
Food
Baba Ramdev’s Patanjali raises bid value to Rs 4,350 cr to take over Ruchi Soya
Baba Ramdev's Patanjali Ayurved has increased its bid value by around Rs 200 crore to Rs 4,350 crore for bankruptcy-bound Ruchi Soya, and the revised offer is likely to be considered by lenders soon.According to a PTI report: Adani...
Food
Ruchi Soya Q3 net profit at Rs 6.29 cr
Crisis-hit Ruchi Soya, which is facing insolvency proceedings, Wednesday reported a net profit of Rs 6.29 crore for the third quarter of the 2018-19 fiscal. The company had posted a net loss of Rs 1,956.59 crore in the same...
Food
Ruchi Soya Q2 profit at Rs 16 crore
Crisis-hit Ruchi Soya, which is facing bankruptcy proceedings, Wednesday reported a net profit of Rs 15.71 crore for the quarter ended September 30. The company posted a net loss of Rs 2,882.71 crore in the year-ago period, according to...
Food
Ruchi Soya’s promoters sell 3.18 pc stake in open market
Bankruptcy-bound Ruchi Soya's promoters have sold 1.06 crore shares, worth 3.18 percent stake, through open market transactions, the debt-ridden edible oil firm said in a regulatory filing.According to a PTI report: Ruchi Soya's promoter entity Disha Foundation Trust sold...
Food
Ruchi Soya lenders approve Adani Wilmar’s Rs 6,000 crore bid
Lenders of Ruchi Soya have approved the Rs 6,000 crore bid of Adani Wimar to acquire the debt-ridden edible oil firm, sources told PTI.According to a PTI report: Adani Wilmar and Baba Ramdev's Patanjali group have been engaged in...
Food
CCI approves Adani Wilmar’s acquisition of Ruchi Soya
IANS -
The Competition Commission of India (CCI) has approved the acquisition of food and agri products manufacturer Ruchi Soya by consumer edible oils major Adani Wilmar.Adani was the highest bidder for Ruchi Soya, which is facing insolvency proceedings with bids."@CCI_India...
Food
Patanjali still in race to acquire Ruchi Soya: Acharya Balkrishna
Patanjali Ayurved will not back out from the race to acquire bankruptcy-bound Ruchi Soya and explore all options, including legal, to clinch the deal, its Managing Director Acharya Balkrishna said.According to a PTI report: Adani Wilmar, which sells cooking...
Food
Patanjali objects to Adani’s eligibility to bid for Ruchi Soya
IANS -
Adani's bid for Ruchi Soya, which is facing insolvency and bankruptcy proceedings, appears to have run into rough weather as Yoga guru Ramdev promoted Patanjali Ayurved has written to the Committee of Creditors (CoC) raising concerns about Adani Wilmar's...
Food
Patanjali seeks more info on Adani’s bid on Ruchi Soya
Baba Ramdev's Patanjali Group, which is in race to acquire bankruptcy-bound Ruchi Soya, has sought more information related to the bid submitted by its rival Adani Group and also on appointment of a legal advisor of the resolution professional.According...
Food
Patanjali to submit revised bid for Ruchi Soya till Jun 16
Baba Ramdev's Patanjali Ayurved, which is in race to acquire bankruptcy-bound Ruchi Soya, has been given time till June 16 to match or better the highest bid of about Rs 6,000 crore offered by Adani Wilmar.According to a PTI...
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Varun Beverages to raise Rs 7,500 cr to fund expansion plans
The fund would be raised in "one or more tranches" and would be "subject to receipt of approval of...
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