Google News
spot_img

Ruchi Soya

Adani group pips Patanjali to emerge highest bidder with Rs 6,000 crore offer for Ruchi Soya

Billionaire Gautam Adani’s group company on Tuesday offered about Rs 6,000 crore to emerge as the highest bidder for acquisition of bankruptcy-hit edible oil firm Ruchi Soya, sources with direct knowledge of the matter told PTI.According to a PTI...

Patanjali, Adani submit revised bids to acquire Ruchi Soya

Baba Ramdev-promoted Patanjali Ayurved and Adani group have submitted their revised bids to acquire to bankruptcy-hit firm Ruchi Soya as lenders of the edible oil firm have decided to hold a fresh round of resolution process to maximise asset...

Ruchi Soya’s lenders to discuss bids on May 30

Lenders of bankruptcy-hit Ruchi Soya are likely to meet again on May 30 to discuss bids submitted by Patanjali Ayurved and Adani group which are in the race to acquire the Indore-based edible oil firm.According to a PTI report:...

Patanjali raises bid around 30 pc to acquire Ruchi Soya

Patanjali Ayurved has raised its bid to acquire Ruchi Soya and had made the revised offer to the Committee of Creditors (CoC) for the debt ridden company, sources told PTI.According to a PTI report: The latest bid is around...

Patanjali, Adani Wimar present resolution offers to CoC for Ruchi Soya takeover

Patanjali Ayurved and Adani group pitched their respective bids before the lenders of bankruptcy-hit Ruchi Soya to acquire the company.According to a PTI report: Patanjali group has emerged as the front runner with a bid of over Rs 4,000...

Godrej Agrovet keen to acquire Ruchi Soya’s oil palm business

Godrej Agrovet, part of Godrej group, said it is keen to acquire Oil Palm business of Ruchi Soya Industries, which is facing insolvency proceedings, and has submitted its bid in this regard.According to a PTI report: Balram Singh Yadav,...

Patanjali has put over Rs 4,000 cr bid to acquire Ruchi Soya

FMCG firm Patanjali Ayurveda has put in bid of over Rs 4,000 crore to acquire bankruptcy-hit edible oil firm Ruchi Soya, according to sources close to PTI.According to a PTI report: Among other suitors that have put in bids...

4 firms including Ramdev’s Patanjali in race to acquire Ruchi Soya

Patanjali Ayurved, which already has a tie-up with Ruchi Soya for edible oil refining and packaging, as well as Godrej Agrovet and Emami Agrotech confirmed to PTI that they have put in bids for Ruchi Soya but did not...

Devonshire Capital to acquire 51 pc stake in Ruchi Soya

Merchant banking firm Devonshire Capital is planning to acquire 51 per cent stake in Ruchi Soya Industries (RSIL) and will invest Rs 4,000 crore in certain branded packaged oils distribution business of the agri and food FMCG company. RSIL's Board...

Ruchi Soya to restructure its biz units

Leading agri and food FMCG company Ruchi Soya Industries announced it is looking at restructuring its business units as part of an overall corporate strategy. According to a PTI report: In a meeting held on Wednesday, the board of directors...
- Advertisement -

Latest News

Ace Turtle wins Images Award of Excellence at IFF 2024

The award celebrates Ace Turtle’s efforts in establishing itself as India's first fully digitally integrated retailer Bengaluru: Technology-native retail company Ace...
- Advertisement -