Ruchi Soya Industries renamed Patanjali Foods with effect from June 24

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

The name of Ruchi Soya Industries stands changed to Patanjali Foods with effect from June 24. The firm has also received the certificate of incorporation from the Ministry of Corporate Affairs, it said in an exchange filing.

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

The acquired food business consists of 21 products such as ghee, honey, spices, juices and atta, to name a few. The board  of Patanjali Ayurved had also approved the transfer its food business to Ruchi