Page 2 - Ruchi Soya

Parl panel questions Sebi chief on NSE case, Ruchi Soya's follow on offer

Sebi Chairperson Madhabi Puri Buch on Tuesday appeared before a parliamentary panel and was questioned on the NSE controversy, Sahara case and share offers of Paytm and Ruchi Soya, sources said

Stocks to Watch: Hero Moto, Vedanta, Lupin, Future Retail, ONGC, Tech M

The SGX Nifty futures were quoting at 17,431 levels at 7:30 am, hinting at a gap-down start of 100 points on the Nifty50.

Ruchi Soya FPO: FPIs cancel 97% bids during two-day withdrawal period

The number of bids withdrawn in the other categories were relatively muted

Ruchi Soya fixes FPO issue price at Rs 650 per share; to raise Rs 4,300cr

Patanjali Ayurved-owned Ruchi Soya on Thursday fixed the issue price of its follow-on public offer at the upper limit of its price band at Rs 650 per equity share to raise Rs 4,300 crore

SMSes pertaining to FPO not issued by the company, says Ruchi Soya

Ruchi Soya Industries has filed a first information report in Haridwar to investigate the origin of the messages doing the rounds on social media

Ruchi Soya board meeting to fix FPO issue price postponed to March 31

Shares of Ruchi Soya surged on Tuesday after the company clarified that the SMSes pertaining to investments in its FPO have not been issued by the company or its promoters

Top headlines: Ruchi Soya shares surge; Hero Moto stock tanks 7%

Business Standard brings you the top headlines on Tuesday

Ruchi Soya, Brightcom, Adani Power: How to trade buzzing stocks of the day?

Going ahead, technical charts indicate up to 15 per cent gains for the buzzing stocks of Tuesday.

Ruchi Soya zooms 20% as co says SMSes pertaining to FPO not issued by it

Market regulator Sebi had directed Ruchi Soya to give the option to the FPO investors to withdraw their bids due to 'circulation of unsolicited SMSs advertising the issue'

Sebi directs Ruchi Soya to allow FPO investors to withdraw bids

Circulation of unsolicited SMSes advertising the issue violates regulations, says the market regulator; Sebi orders a 3-day window for all investors (ex-anchor Investors) to withdraw applications

Ruchi Soya FPO: Sebi orders retail investors be allowed to withdraw bids

Sebi's directive comes amid 'circulation of unsolicited SMSs advertising the issue'; the window for withdrawal shall be available on March 28, March 29 and March 30, 2022

Ruchi Soya slips 10%; stock falls 14% in four sessions

Ruchi Soya said a meeting of the board of directors of the company is scheduled to be held on March 29, 2022, for the purposes of determining the issue price and the anchor investor issue price

Ruchi Soya FPO subscribed 33% on Day 2 on institutional interest

Investment bankers expect most of the bids to come on Monday, the final day of the issue

Aiming to make Patanjali and Ruchi Soya No.1 FMCG firm in 5 years: Ramdev

Ramdev said that the company on Thursday launched the Follow on Public Offer (FPO) of Ruchi Soya Industries to raise Rs 4,300 crore

Sensex gyrates 690 pts, ends 89 pts down; metal, pharma rally, banks slide

CLOSING BELL: Dr Reddy's Labs (up nearly 5 per cent) was the top Nifty gainer today, followed by Coal India, Hindalco, Cipla, NTPC, JSW Steel, Tech M, and RIL

Ruchi Soya hits capital market to raise Rs 4,300 cr; to become debt-free

Baba Ramdev-led Patanjali Ayurved-owned Ruchi Soya on Thursday hit the capital market to raise Rs 4,300 crore through its follow-on public offer (FPO) as it aims to become a debt-free company. The issue closes on March 28. The price band has been fixed at Rs 615 to Rs 650 per share. Addressing a press conference here, Ramdev said the company has launched its FPO despite volatility in the stock market because of the war between Russia and Ukraine. He said the company has already raised Rs 1,290 crore from anchor investors on Wednesday and expressed confidence that its FPO would be a huge success as people have faith in its products and brand. Ramdev said the proceeds of the FPO would be utilised to retire the term loan of Rs 3,300 crore. "Ruchi Soya will become debt-free," he asserted. Asked why the price band has been kept lower than the current market prices, Ramdev said this has been done to give a good return to investors. Ruchi Soya shares closed on Wednesday Rs 897.45 apiec

Our vision is to cut edible oil imports totally, says Ruchi Soya

Edible oil and food products major Ruchi Soya Industries, which will launch its Rs 4,300-crore follow-on public offer in the next few days, intends to reduce its edible oil imports in 5 to 7 years

Rs 4,300-cr Ruchi Soya FPO to open on Mar 24; price band set at Rs 615-650

At the upper end, Patanjali, which now owns 98.9 per cent of the company, will dilute around 19 per cent and 18 per cent at the lower end of the price band

Stocks to Watch: RIL, Adani Group, Ruchi Soya, Maruti, SBI, JSPL, FMCG

Reliance Retail Ventures, a subsidiary of Reliance Industries, has bought 89 per cent stake in Purple Panda Fashions for Rs 950 crore.

Ruchi Soya zooms 42% in two days on Rs 4,300 cr follow-on public offer plan

The company remains confident of the medium to long-term growth prospects in edible oils, processed food, palm plantations and other businesses of the company.