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...

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...

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...

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...

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...

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...

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...

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...

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...

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...