Ruchi Soya Industries has informed that the Board of Directors (Board) of Ruchi Soya Industries (Ruchi / Company) had, at its meeting held on April 10, 2022, accorded its in-principle approval for evaluating the most efficient mode of enhancing synergies with the PAL food portfolio in any manner on an arm’s length basis (Proposed Transaction); and authorizing officials of the Company to negotiate, finalise, execute and deliver the terms and conditions of the Proposed Transaction.
The above information is a part of company’s filings submitted to BSE.
