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Patanjali Group IPO Plan: Earlier this year, Baba Ramdev-owned Patanjali Ayurved divested its food retail business to group company Ruchi Soya Industries Ltd last month for Rs 690 crore. Through its follow-on public offer (FPO), Ruchi Soya collected Rs 4,300 crore, to clear its bank and long-term borrowings.
Patanjali Foods to soon reduce prices of palm, sunflower, soyabean oil by Rs 10-15/litre
Patanjali Foods Ltd will soon cut prices of soyabean oil, sunflower oil and palm oil by Rs 10-15 per litre to pass on the benefits of fall in global prices, a top company official said.
In a regulatory filing, Ruchi Soya informed that it has
Accordingly, the name of the company stands changed from Ruchi Soya Industries Ltd to Patanjali Foods Ltd with effect from June 24, 2022.