If Patanjali re-evaluates bid, will consider: Ruchi Soya creditors

Despite the blow suffered during its first attempt to acquire Ruchi Soya, Patanjali Ayurved is now showing signs of resilience.

Patanjali, which recently reiterated its intent to buy out the beleaguered edible oil player, has brought the Committee of Creditors (CoC) back to the drawing board.

However, Patanjali may have to tweak its offer in favour of the creditors to bag the deal, sources said.

Currently, the CoC is re-evaluating the Hardwar-based fast moving consumer goods player’s offer for acquiring Ruchi Soya. A top official from a bank that has lent to Ruchi Soya, said, “If we get a good deal, we will