Business Standard

Friday, December 20, 2024 | 12:37 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

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

Ruchi Soya
Premium

Ruchi Soya

BS Reporter Mumbai
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in