Ruchi Soya's 690 Crores Deal to Aquire Patanjali Foods

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[{"selector":"#anim-9d86e212-332c-4487-a462-bfcea8ca9ceb","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-48e3e7bd-0132-4256-9c1d-d247dfc06944","keyframes":{"transform":["translate3d(0px, -100.0434%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Ruchi Soya Industries on Wednesday announced it will acquire Patanjali Ayurved’s food retail business for Rs 690 crore.

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[{"selector":"#anim-9556a92b-bdcd-4d2c-b9a6-3c5ed6ea9a9c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-9.32481754426793%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The annual turnover of Patanjali Ayurveda stood at Rs 10,605 crore according to the company.

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Ruchi Soya's 690 Crores Deal to Aquire Patanjali Foods

The amount for the acquisition is ₹690 crore and the indicative time period for transaction completion is July 15, 2022.