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Ruchi Soya News
In chat with Anil Singhvi, Swami Ramdev says Patanjali saved Ruchi Soya from going bankrupt | big REVEAL about jobs, investors' wealth
Wed, Nov 18, 2020
In a candid chat with Yoga guru Swami Ramdev, Zee Business Managing editor Anil Singhvi on Wednesday talked about Ruchi Soya’s unprecedented growth, its FPO and even revealing intent of reducing promoters' stake in the company.
Baba Ram Dev talks about Ruchi soya To launch FPO
Wed, Nov 18, 2020
In an exclusive chat with Baba Ram Dev talks about Ruchi Soya To launch FPO as a promoter
Exclusive: In chat with Anil Singhvi, Swami Ramdev reveals plans about Ruchi Soya FPO
Wed, Nov 18, 2020
In an exclusive chat with Zee Business Managing Editor Anil Singhvi, Yoga Guru Swami Ramdev wished the channel viewers a happy and prosperous Diwali while extolling praise on Patanjali- a home grow ayurvedic to FMCG brand in India. Swami Ramdev said that the brand is a big inspiration for domestic companies and have been working for an Aatmanirbhar Bharat
Ruchi Soya to launch FPO next year, says Swami Ramdev
Mon, Nov 16, 2020
Edible oil firm Ruchi Soya, which is owned by Patanjali Ayurved, will launch a follow-on public offer (FPO) next year to bring down promoters' shareholding in the company, said Swami Ramdev.
Investors, Patanjali earned bumper returns from Ruchi Soya; Anil Singhvi team reveals all
Thu, Jul 02, 2020
Stocks of Ruchi Soya have had a good run since its promoters were changed. Investors too have gained from this stock. But what potential does the stock still hold and how will it trade going forward? Zee Business’ Sandeep Grover presented a detailed report on this to Managing Editor Anil Singhvi
Ruchi Soya share price: Company on dream run since relisting
Mon, Jun 29, 2020
FMCG major Ruchi Soya Industries, which went through an insolvency resolution process and acquired by Patanjali Ayurved, has seen a dream run in the stock market since its relisting in January
Ruchi Soya share rises 5% after NCLT cleared Baba Ramdev led Patanjali's Rs 4350-cr bid
Fri, Jul 26, 2019
After a long wait, the investors of Ruchi Soya has a ray of hope, as Baba Ramdev's Patanjali received the nod of National Company Law Tribunal (NCLT) to acquire Ruchi Soya on a revised Rs 4350-crore bid.
Big boost to Baba Ramdev's business empire! NCLT clears Patanjali's Rs 4350 crore bid for Ruchi Soya - 5 points
Fri, Jul 26, 2019
Finally, Baba Ramdev's Patanjali has received the nod of National Company Law Tribunal (NCLT) to acquire Ruchi Soya on a revised Rs 4350 crore bid
Lenders approve Baba Ramdev-led Patanjali's Rs 4,325 cr bid for Ruchi Soya
Tue, Apr 30, 2019
Homegrown FMCG major almost got a walk over after rival Adani Wilmar decided to pull out from the race despite being selected the highest bidder few months back.
Baba Ramdev's Patanjali Ayurved raises bid value to take over Ruchi Soya
Wed, Mar 13, 2019
Ruchi Soya has a total debt of about Rs 12,000 crore. The debt-ridden firm has many manufacturing plants and its leading brands include Nutrela, Mahakosh, Sunrich, Ruchi Star and Ruchi Gold.
Baba Ramdev-led Patanjali says still interested in Ruchi Soya
Tue, Dec 25, 2018
In December 2017, Indore-based Ruchi Soya Industries entered the Corporate Insolvency Resolution Process (CIRP). Shailendra Ajmera was appointed resolution professional (RP) by the NCLT on the application of creditors Standard Chartered Bank and DBS Bank under the Insolvency and Bankruptcy Code.
Ruchi Soya up 5 pc as lenders approve Adani Wilmar's Rs 6,000-cr bid
Fri, Aug 24, 2018
Adani Wilmar and Baba Ramdev's Patanjali group have been engaged in a long-drawn battle to take over Ruchi Soya.
Ruchi Soya allegedly misled lenders? Here is why banks put firm under scanner
Mon, Jun 25, 2018
Ruchi Soya, which is undergoing insolvency, where Adani Wilmar has emerged as the highest bidder, also manipulated bank documents, specially stock audit report to secure more money from banks. Banks’ documents reveal that RSIL had a large number of transactions with associated companies having massive outstanding. “Poor disclosure of material, adverse information and no qualification by the statutory auditors” led Ruchi Soya into State Bank of India’s fraud report, and called RFA.
Patanjali seeks more info on Adani Group's bid on Ruchi Soya
Tue, Jun 19, 2018
Patanjali, which has been declared as H2 (second highest bidder), has not yet submitted a revised bid to match or better the highest offer of Rs 6,000 crore by Adani Wilmar.
Adani group emerges as highest bidder with Rs 6,000 cr offer for Ruchi Soya
Tue, Jun 12, 2018
The Committee of Creditors (CoC) of Ruchi Soya, in its meeting held today, opened the bids submitted by the two contenders -- Patanjali group and Adani Wilmar, which sells cooking oil under the Fortune brand. The CoC has decided to conduct Swiss challenge method to maximise the asset value of Ruchi Soya.
BSE, NSE put 75 stocks under surveillance; is yours one of them?
Mon, Jun 11, 2018
ABG Shipyard, Jaypee Infratech, Bhushan Steel, Amtek Auto, Ruchi Soya, Alok Industries, Viceroy Hotels, Orchid Pharma, and Mandhana Industries are some of the companies that have been included in the ASM list.
Baba Ramdev: Ruchi Soya lenders asked for rebidding
Tue, Jun 05, 2018
The lenders of Ruchi Soya have asked for rebidding between two bidders -- Patanjali Ayurved and Adani group -- to maximise value of the assets of the debt ridden firm, according to Yoga guru Baba Ramdev.
Ruchi Soya in demand! Patanjali revises bid to beat Adani group
Mon, May 28, 2018
Patanjali Ayurveda 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 said.
Patanjali, Adani Wimar present resolution offers for Ruchi Soya takeover
Wed, May 23, 2018
Patanjali Ayurveda and Adani group today pitched their respective bids before the lenders of bankruptcy-hit Ruchi Soya to acquire the company. Patanjali group has emerged as the front runner with a bid of over Rs 4,000 crore to acquire Ruchi Soya.
Ruchi Soya jumps 20% after Ramdev-owned Patanjali Ayurved makes highest bid
Mon, May 07, 2018
Ramdev-owned Patanjali Ayurved has made a bid of Rs 4,000-4,500 crore for Ruchi Soya, beating Adani Wilmar, Godrej Agrovet and Emami’s offers, reported TOI, quoting sources.