Patanjali announces acquisition of Ruchi Soya for Rs 4,350 crore

Patanjali announces acquisition of Ruchi Soya for Rs 4,350 crore: Patanjali Ayurved has announced its acquisition of Ruchi Soya. It has completed the transfer of the equity and debt portion for its acquisition through proceedings under insolvency and bankruptcy resolution. 75% of the deal is being financed by bank. Patanjali has infused Rs. 1,150 crore as equity and the remaining Rs. 3,200 crore has been raised through bank debt.

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

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