Ruchi Soya

The company is required to either raise funds or promoters needs to sell 5 per cent stake to bring down their stake to 75 per cent

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

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

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Edible oil major Ruchi Soya Industries Ltd reported a 25 per cent decline in its standalone net profit to Rs 234.33 crore for the March 2022 quarter

Individually, AWL was locked in the 5 per cent lower circuit band at Rs 664.95, while Ruchi Soya Industries, too, was down 5 per cent to Rs 1,045.45 on the BSE

The government on Tuesday exempted customs duty and the agri cess on importing 2 million tonnes of soybean and sunflower oil per year

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

The board also approved to change company's name from Ruchi Soya Industries to Patanjali Foods.

It was found that seven out of these nine entities were holding net long positions in the scrip of Ruchi Soya as on September 27, 2012

The stock was up 7% to Rs 1,115, and has zoomed 72% against FPO price of Rs 650 on the BSE

Among FMCG stocks, Adani Wilmar seems to be better placed at current levels as per the technical charts.

The Harini Pipe stock was locked in the 5 per cent upper circuit on both exchanges

The board of Ruchi Soya also accorded its in-principle approval for evaluating the most efficient mode of enhancing synergies with Patanjali Ayurved Ltd's food portfolio on an arm's-length basis

In a Q&A, he says the 42% surge in the comppany's shares over the FPO puts additional responsibility on it to perform

The 66.15 million new shares issued in the FPO, which closed on March 30, commenced trading today

Around 66.15 million equity shares, allotted in follow-on-public offering, started trading on the exchanges from today

Ruchi Soya on Tuesday said that board has approved the allotment of 66.15 equity shares of face value of Rs 2 each, for an amount aggregating to Rs 4,300 crore, pursuant to the FPO issue.