Ruchi Soya Now Patanjali Foods Limited, Ruchi Soya Name Changed

Ruchi Soya Now Patanjali Foods Limited

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Ruchi Soya Industries Ltd

Baba Ramdev-led Patanjali Ayurved Ltd will sell its food retail business to group firm Ruchi Soya Industries Ltd for ₹690 crore as part of its strategy to focus on non-food, traditional medicine and wellness business. Patanjali Ayurved Ltd had acquired Ruchi Soya through an insolvency process.

Who is owner of nutrela?

Yoga guru Swami Ram Dev, his younger brother Ram Bharat and close aide Acharya Balkrishna will be on the board of soya food brand Nutrela-maker Ruchi Soya that was recently acquired by Patanjali Ayurved.

ruchi soya name change?

Patanjali Foods Limited

Ruchi Soya Industries Limited has decided to change its name to “Patanjali Foods Limited”. The company, in a filing, said that it will be taking over the food retail business of Patanjali Ayurved Limited.

Is Ruchi Soya and Patanjali same?

The name of Ruchi Soya will be changed to Patanjali Foods post-acquisition. Ruchi Soya said that its board has decided to change the name of company from “ Ruchi Soya Industries Limited” to “Patanjali Foods Limited” subject to statutory and regulatory approvals.

Who bought Ruchi Soya?

Patanjali Ayurved Ltd
Baba Ramdev-led Patanjali Ayurved Ltd will sell its food retail business to group firm Ruchi Soya Industries Ltd for ₹690 crore as part of its strategy to focus on non-food, traditional medicine and wellness business. Patanjali Ayurved Ltd had acquired Ruchi Soya through an insolvency process.

Is Patanjali buying Ruchi Soya?

The board of Patanjali Ayurved has approved this transfer of food business to Ruchi Soya Industries with effect from May 9 2022.

When did Patanjali acquire Ruchi Soya?

Patanjali Ayurved acquired Ruchi Soya under the Insolvency and Bankruptcy Code proceedings in 2019 for Rs 4,350 crore.

Who is CEO of Ruchi Soya?

Sanjeev Asthana (6 July 2020- ) RuchiSoya/PatanjaliFoods CEO.

What are the products of Ruchi Soya?

Vanaspati.
Biscuit Division.
Ruchi Sunlight. Oil.
Mahakosh. Oil.
Sunrich. Oil.
Ruchi. Gold Oil.
Nutrela. Oil.
Nutrela. Soya Foods.
Nutrela Soya Chunks.
Nutrela Soya Granules
Nutrela. High Protein Chakki Atta
Nutrela Honey. etc.

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