Ruchi Soya Industries has fixed a price band at Rs 615 to Rs 650 per share for its follow-on public offer. The follow-on public offering (FPO) of Ruchi Soya Industries will open on Thursday, March 24, 2022 for subscription and will close on Monday, March 28, 2022.
The FPO consists of fresh issuance of Equity Shares for an amount aggregating to Rs 4,300 crore. The issue also includes a reservation of up to 10,000 Equity Shares for subscription by eligible employees.
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.
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