Ruchi Soya has to dilute another 7% by December: CEO Sanjeev Asthana

In a Q&A, he says the 42% surge in the comppany's shares over the FPO puts additional responsibility on it to perform

Shares of Ruchi Soya have surpassed expectations by ending 42 per cent higher over its follow-on offering (FPO) price of Rs 650. CEO Sanjeev Asthana says the strong showing puts additional responsibility on Ruchi Soya to perform. In an interview with Samie Modak, he spoke about various aspects of the business. Edited excerpts:

The listing has surpassed Street expectations. What has changed from the FPO and now?
 

I wouldn’t not like to comment on the stock price. We are just focused on the performance of the company. The market clearly sees a lot of promise in the stock and that