Ruchi Soya Industries is going to launch a follow-on public offer (FPO) next year to bring down promoters' shareholding in the company. Patanjali Group has run Ruchi Soya efficiently after the acquisition last year and expected higher growth during the current fiscal year.
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.
