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Sufficient portion of equity infusion will be used to reduce debt: Ruchi Soya

2017-11-03 moneycontrol
Ruchi Soya Industries will sell 51 percent stake to global PE firm Devonshire Capital for Rs 4,000 crore. In an interview to CNBC-TV18, Satendra Aggarwal, COO of the company spoke about the same.

Deals Buzz: US food major Cargill to spend Rs1,500cr on India expansion plan

2017-11-03 livemint
Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. (5-0)

Ruchi Soya to sell 51% stake to PE firm

2017-11-03 freepressjournal.in
New Delhi : Merchant banking firm Devonshire Capital is planning to acquire 51 per cent stake in Ruchi Soya Industries (RSIL) and will invest Rs 4,000 crore in certain branded packaged oils distribution business of the agri and food FMCG company. RSIL’s Board of Directors has approved signing of a binding term sheet with Devonshire Capital for investment in Ruchi Soya Industries via acquisition of a majority stake, including issue of fresh equity, a release issued here said.

Ruchi Soya stock jumps on Devonshire 51% stake-buy news

2017-11-02 thehindubusinessline
Scrip ends 4.5% higher; PE investor to invest ₹4,000 cr to pick up select branded oil biz

Ruchi Soya board approves investment by Devonshire Capital

2017-11-02 livemint
New Delhi: The board of Ruchi Soya Industries Ltd has approved signing of a binding term sheet with Devonshire Capital, a global private equity major, for investment in the company, Ruchi Soya said in a filing to the BSE on Thursday.

Ruchi Soya Industries spikes 19% on deal to sell 51% stake to PE firm

2017-11-02 moneycontrol
Ruchi Soya Industries share price rallied as much as 19 percent on Thursday after the company signed binding term sheet for selling 51 percent stake to private equity investor.

Ruchi Soya Industries Limited - Outcome of Board Meeting

2017-11-02 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (15-0)

Ruchi Soya Industries Limited - Press Release

2017-11-02 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (15-0)

Bankruptcy proceedings filed against SEL Manufacturing

2017-10-23 livemint
Mumbai: SEL Manufacturing Co. Ltd, a textiles maker, has become the first company in the second list of corporate defaulters identified by the Reserve Bank of India against which bankruptcy proceedings have been filed, according to two people aware of the matter. (13-0)

Ruchi Soya Industries Limited - Updates

2017-09-29 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (15-0)

Ruchi Soya signs MOU with Patanjali Ayurved

2017-09-28 moneycontrol
Ruchi Soya Industries, India's leading agriculture and food Fast Moving Consumer Goods (FMCG) company announced the signing of a Memorandum of Understanding (MOU) with Patanjali Ayurved for an exclusive sales and distribution arrangement for the entire range of Patanjali edible oils in large packs.

Ruchi Soya Industries Limited - Shareholders meeting

2017-09-28 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (15-0)

Ruchi Soya signs MoU with Patanjali Ayurved

2017-09-28 thehindubusinessline
Ruchi Soya Industries, India’s leading agri and food FMCG company announced the signing of an MoU with Patanjali Ayurved for an exclusive sales and distribution arrangement for the entire range of Patanjali edible oils in large packs.