Patanjali Ruchi Soya

In past one month, the stock was down 20 per cent after the government decided to discontinue import of crude soybean oil under tariff rate quota (TRQ).

Baba Ramdev-backed Patanjali Foods recorded a decline in profitability for the quarter that ended September 30 with total income at Rs 8,524 crore during the quarter, against Rs 6,010 crore in Q1 FY22

Firm to focus on new launches with high margins and high growth

Adani Wilmar has regained Rs 1-trillion market capitalisation, while Patanjali Foods' market cap crossed Rs 50,000 crore today

The acquired food business consists of 21 products which include ghee, honey, spices, juices, atta etc. It also raised Rs 4,300 crore through a follow-on public offer

In May, Ruchi Soya announced the acquisition of Patanjali Ayurved's entire food business for Rs 690 crore, in order to speed up its transition into an FMCG company

To pay 1% of turnover of products as annual royalty under transfer agreement

Group aims to make its companies debt-free in 3-4 yrs

Patanjali Group said it has achieved a turnover of around Rs 30,000 crore in the fiscal 2020-21

Several legal experts plan to highlight the challenges in implementing all three options recommended by the regulator

The edible oil maker's market capitalisation is up nearly 300 times since the beginning of November last year and 70 times since its acquisition by Pantanjali Ayurved under the IBC

The stock hit a new high of Rs 926 today, zooming 5400% since its re-listing on January 27, 2020.

The fund-raising will be used to meet the Haridwar-based company's working capital requirements and strengthen the supply chain network

Haridwar-based group has given itself a 2-year target for doing so

Besides, Acharya Balkrishna would also be chairman and Swami Ramdev a member of the corporate social responsibility committee of the board of Ruchi Soya

Patanjali said it has got loans of Rs 1,200 crore from SBI, Rs 700 crore from PNB, Rs 600 crore from UBI, Rs 400 crore from Syndicate Bank and Rs 300 crore from Allahabad Bank

Say there's no corporate guarantee offered by parent firm for the loan

Godrej Agrovet and Emami Agrotech, too, had confirmed that they have put in bids for Ruchi Soya but did not disclose the value