Ruchi Soya Industries #2427

Created
2013-04-24
Last update
2021-04-16
Name
Ruchi Soya Industries
Country of registration/origin
India
Classification
Stock-exchange listed company
Investor homepage
Opencorporates link
Comment
Devonshire Capital, a global private equity major, has picked up 51% stake in the Indore-based Ruchi Soya Industries Ltd., as part of the latter’s debt restructuring plan. This only pertains to certain specific edible oil brands and the distribution business. Ruchi Soya had financial difficulties in 2019. Patanjali group have been helping the company to re-establish themselves.