Ruchi Soya FPO clears HC hurdle

Ruchi Soya cleared another hurdle to launch its Rs 4,300-crore follow-on public offer (FPO) after Patanjali Ayurved, the company’s main promoter, told the Delhi high court that it will continue to hold majority stake in the Indore-based FMCG company for the next 90 days.

from Markets-Economic Times https://ift.tt/3zsNZsE