Ruchi Soya's Follow-On-Public Offer: Floor Price, Other Details

New Delhi: Edible oil firm Ruchi Soya, owned by Yoga teacher Ramdev-led Patanjali Ayurved, has announced the floor price for its follow-on public offer (FPO) to raise up to Rs 4,300 crore. In 2019, Patanjali acquired Ruchi Soya, which is listed on the stock exchanges, through an insolvency process for Rs 4,350 crore. The company is in process of coming out with the FPO issue to meet market regulator SEBI's norm of minimum public shar...