Ruchi Soya acquires Patanjali’s food biz for ₹690 cr; to change its name
Ruchi Soya’s name will be changed to Patanjali Foods Ltd; the indicative time period to complete the acquisition is July 15, 2022.
Ruchi Soya’s name will be changed to Patanjali Foods Ltd; the indicative time period to complete the acquisition is July 15, 2022.
This comes after the company's board approved a red herring prospectus (RHP) for its follow-on public offering (FPO) worth ₹4,300 crore.