Patanjali to infuse Rs. 3,438 cr in debt-laden Ruchi Soya to settle dues

पतंजलि, कर्ज मे डूबे रूचि सोया में 3,438 करोड़ रु का निवेश करेगी

Points to Remember:

  • Baba Ramdev-led Patanjali Ayurved will infuse over Rs. 3,438 crore as equity and debt to settle dues of creditors of the debt-laden firm Ruchi Soya.
  • Patanjali got the NCLT approval last week to acquire Ruchi Soya in an insolvency process.
  • The amount will be infused in a special purpose vehicle ‘Patanjali Consortium Adhigrahan’, which will be later amalgamated with Ruchi Soya.
  • On 30 April, a committee of creditors approved Patanjali group’s Rs. 4,350-cr resolution plan to take over Ruchi Soya, which is into edible oil business
  • Ruchi Soya informed that resolution applicant Patanjali group will infuse Rs. 204.75 crore as equity and Rs. 3,233.36 crore as debt.
  • Another Rs. 900 crore will be infused by the Patanjali group through subscription of non-convertible debentures and preference shares in the SPV.
  • It will also provide credit guarantee of nearly Rs. 12 crore.

About Ruchi Soya:

  • Ruchi Soya was India’s largest manufacturer of edible oil.
  • Ruchi Soya has been ranked at 175 in the top 250 consumer products companies, in the “Global Powers of the Consumer Products Industry 2012”, according to report published by
  • Deloitte Touche Tohmatsu.
  • Headquarters: Madhya Pradesh
  • Founded: 1986
  • Subsidiaries: Ruchi Worldwide Limited, Palm Tech India Limited, etc.
Important Possible questions based on above News:
  1. Who will infuse over Rs. 3,438 crore as equity and debt to settle dues of creditors of the debt-laden firm Ruchi Soya? Patanjali Ayurved
  2. How much amount will be infused by Patanjali Ayurveda as equity in Ruchi Soya? Rs. 204.75 crore
  3. Where is the headquarter of Ruchi Soya situated? Madhya Pradesh

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