Shares of Ruchi Soya surged 5% amid reports that Gautam Adani's group company has offered about Rs 6,000 crore to emerge as the highest bidder for acquisition of the bankruptcy-hit edible oil firm.
Shares of edible oil firm Ruchi Soya Industries surged 7 per cent today as the race to acquire the debt-laden firm heats up.
Debt-ridden Ruchi Soya Industries said negotiations are at a nascent stage to sell off its business under the National Company Law Tribunal (NCLT) process.
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IIFL's wealth management business valued at Rs 14,600 Cr
Investors include Amansa holdings, General Atlantic Singapore & HDFC Standard Life
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U.S. Sales stood at approximately $105 Mn in a 12 month period, ending in April 2018
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Will acquire 55% paid up equity share capital in RAK paints for Rs 45.8 Cr
Acquisition to be complete by 31st July 2018
UPL consortium said to be in talks to buy platform's agri pesticide unit Arysta Lifescience
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UPL group's talks for Arysta Lifescience unit said to be in advanced stages