IDBI Bank declares Ruchi Soya as wilful defaulter

Patanjali Foods Ltd. | Edible Oil | FMCG | BSE: 500368 | NSE: PATANJALI

14 Dec 2017 Evaluate

IDBI Bank has declared Ruchi Soya Industries as a Wilful Defaulter vide its letter dated December 08, 2017, which was received on December 12, 2017 by the company.

The company is, in consultation with its legal counsels, to challenge the decision by taking appropriate legal action that may be required in this regard.

Ruchi Soya Industries is a leading manufacturer and India’s largest marketer of healthier edible oils, soya food, premium table spread, vanaspati and bakery fats. It is also the highest exporter of soya meal, lecithin and other food ingredients from India.

Peers

Company Name	CMP
AWL Agri Business	186.95
Patanjali Foods	363.10
Gokul Agro Resources	224.25
Marico	801.00
Gokul Refoils & Solv	39.81
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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