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Ruchi Soya Industries informs about outcome of board meeting

11 May 2021 Evaluate
Ruchi Soya Industries has informed that the Board of Directors of the Company, at its meeting held on 10th May, 2021 has approved the acquisition of business of manufacturing, packing and labelling of biscuits, cookies, rusk and other associated bakery products along with the manufacturing plant located at Khasra No. 450, 451, 452, Village Lodhiwala, Tehsil -Bhagwanpur, District -Haridwar -247661 from Patanjali Natural Biscuits, as a going concern on a slump sale basis as per the terms and conditions specified in the Business Transfer Agreement (BTA); the BTA subject to condition precedents specified therein and requisite approvals. Enclosed as Annexure A is the information required to be furnished pursuant to Regulation 30 of the Listing Regulations read with the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015. Also, attached a copy of the Press Release proposed to be issued in the matter. 

The above information is a part of company’s filings submitted to BSE.

Patanjali Foods Share Price

469.15 3.80 (0.82%)
17-Apr-2026 16:59 View Price Chart
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