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Page 5 - Ruchi Soya

Ruchi Soya directed to study if NCLAT's Essar order can impact their case

The tribunal observed that the NCLAT order has changed the entire outcome for all stakeholders and is like a formula with clear-cut directions on the distribution of the proceeds should be carried out

Ruchi Soya directed to study if NCLAT's Essar order can impact their case
Updated On : 09 Jul 2019 | 8:26 PM IST

Insolvency case: NCLT reserves order on Patanjali's Ruchi Soya bid

This is the second time that the tribunal has sought details of Rs 600 crore, and asked them to file written submission on the same

Insolvency case: NCLT reserves order on Patanjali's Ruchi Soya bid
Updated On : 10 May 2019 | 11:35 PM IST

Lender DBS seeks more payout from Patanjali's Rs 4325-cr bid for Ruchi Soya

DBS said it enjoys the first charge for the plant and the machinery of Ruchi Soya which owes Rs 243 crore to it through an external commercial borrowing

Lender DBS seeks more payout from Patanjali's Rs 4325-cr bid for Ruchi Soya
Updated On : 08 May 2019 | 3:27 PM IST

Ruchi Soya case: Lenders to meet on Friday to consider Patanjali's offer

Patanjali had last month increased its bid value by around Rs 200 crore to Rs 4,350 crore for bankruptcy-bound Ruchi Soya

Ruchi Soya case: Lenders to meet on Friday to consider Patanjali's offer
Updated On : 25 Apr 2019 | 9:16 PM IST

Ruchi Soya lenders approve Adani Wilmar's Rs 60-billion resolution plan

Last week, the Competition Commission of India approved of Wilmar's resolution plan

Ruchi Soya lenders approve Adani Wilmar's Rs 60-billion resolution plan
Updated On : 24 Aug 2018 | 3:03 AM IST

Crisis-hit Ruchi Soya posts Q1 profit at Rs 226 bn, income dips to Rs 29 bn

Ruchi Soya has a total debt of about Rs 120 billion

Crisis-hit Ruchi Soya posts Q1 profit at Rs 226 bn, income dips to Rs 29 bn
Updated On : 13 Aug 2018 | 8:59 PM IST

Insolvency process: What makes debt-ridden Ruchi Soya a prized asset

At the heart of the bidding war is the firm's edible oil refining capacity

Insolvency process: What makes debt-ridden Ruchi Soya a prized asset
Updated On : 25 Jun 2018 | 6:56 AM IST

Ruchi Soya's RP seeks 8-10 days to reply on issues raised by Patanjali

Patanjali group has sought information about the parameters adopted by the RP to declare Adani Wilmar as the highest bidder (H1) for Ruchi Soya

Ruchi Soya's RP seeks 8-10 days to reply on issues raised by Patanjali
Updated On : 22 Jun 2018 | 7:36 PM IST

Adani beats Patanjali as the highest bidder for debt-ridden Ruchi Soya

Patanjali writes to CoC expressing concern over conflict of interest

Adani beats Patanjali as the highest bidder for debt-ridden Ruchi Soya
Updated On : 14 Jun 2018 | 8:06 AM IST

Adani group emerges as highest bidder with Rs 60-bn offer for Ruchi Soya

The CoC of Ruchi Soya, in its meeting held today, opened the bids submitted by the two contenders -- Patanjali group and Adani Wilmar, which sells cooking oil under the Fortune brand

Adani group emerges as highest bidder with Rs 60-bn offer for Ruchi Soya
Updated On : 12 Jun 2018 | 8:26 PM IST

Ruchi Soya case: ANZ Banking Group seeks NCLT intervention

Ruchi Soya was admitted for the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code (IBC) on December 2, 2017

Ruchi Soya case: ANZ Banking Group seeks NCLT intervention
Updated On : 12 Jun 2018 | 3:11 AM IST

Insolvency: Patanjali, Adani asked to submit updated bids for Ruchi Soya

The first round of bidding revealed that Patanjali had made an offer to acquire Ruchi Soya for Rs 43 billion

Insolvency: Patanjali, Adani asked to submit updated bids for Ruchi Soya
Updated On : 06 Jun 2018 | 7:01 AM IST

Insolvency proceedings: Ruchi Soya's lenders to discuss bids today

Patanjali had initially made a bid of Rs 40 billion to emerge as the front-runner for acquiring Ruchi Soya.

Insolvency proceedings: Ruchi Soya's lenders to discuss bids today
Updated On : 30 May 2018 | 7:01 AM IST

Patanjali, Adani Wilmar, Godrej Agrovet in race for Ruchi Soya

It has diverse business interests in segments such as production and distribution of edible oil, specialty fats and bio-diesel

Patanjali, Adani Wilmar, Godrej Agrovet in race for Ruchi Soya
Updated On : 03 May 2018 | 6:58 PM IST

Ruchi Soya-Adani Wilmar JV in limbo

Ruchi Soya fails to get NOC from lenders; firm now eyes Patanjali-like deals to use idle capacity

Ruchi Soya-Adani Wilmar JV in limbo
Updated On : 18 Feb 2017 | 4:19 PM IST

Ruchi Soya Q3 net loss widens to Rs 217 crore

The shares of the company were trading at Rs 28.80 on BSE, up 0.17 per cent from its previous close

Ruchi Soya Q3 net loss widens to Rs 217 crore
Updated On : 15 Feb 2017 | 1:55 PM IST

Ruchi Soya ties up with Patanjali

Ruchi Soya Industries would process the crude oil provided by Patanjali Ayurved

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Updated On : 13 Feb 2017 | 5:48 PM IST

Ruchi Soya rises 14% after reports of deal with Ramdev's Patanjali

The stock opened at Rs 26.30 and has touched a high and low of Rs 28.10 and Rs 26.30 respectively.

Ruchi Soya rises 14% after reports of deal with Ramdev's Patanjali
Updated On : 20 Jan 2017 | 12:02 PM IST

Winding-up petition against Ruchi Soya

The company incurred a net loss of Rs 879 cr for the financial year 2015-16 as against Rs 61-cr net profit earned in the previous fiscal

Winding-up petition against Ruchi Soya
Updated On : 20 Sep 2016 | 1:10 PM IST

Ruchi Soya CFO resigns ahead of board meet

The resignation assumes significance from the point of view that Sebi banned Ruchi Soya in May from accessing securities market

Ruchi Soya CFO resigns ahead of board meet
Updated On : 07 Sep 2016 | 1:05 AM IST