Latest News on Adani Wilmar
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Adani Wilmar - Total results - 21
Sep 09, 2019
Patanjali to infuse Rs 3,438 cr in Ruchi Soya to settle creditors' dues, monitoring panel to oversee processRuchi Soya informed that resolution applicant Patanjali group will infuse Rs 204.75 crore as equity and Rs 3,233.36 crore as debt.
Jul 26, 2019
Finally, Baba Ramdev gets ownership of Ruchi Soya for Rs 4,350 cr; banks take huge haircutThe NCLT approval comes after it dismissed the petitions filed by Standard Chartered Bank and Singaporean lender DBS, which had both challenged the low bid by Patanjali and the resultant lower payout.
May 01, 2019
Ruchi Soya insolvency: Baba Ramdev's Patanjali bags edible oil firm as lenders approve Rs 4,325 crore bidPatanjali acquired Ruchi Soya Industries in an insolvency auction started by lenders to recover over Rs 9,300 crore loans
Apr 25, 2019
Ruchi Soya insolvency: Lenders to meet Friday to consider Patanjali's revised offer to acquire edible oil firmPatanjali had last month increased its bid value by around Rs 200 crore to Rs 4,350 crore for bankruptcy-bound Ruchi Soya
Mar 13, 2019
Baba Ramdev's Patanjali Ayurved raises bid value to Rs 4,350 crore to take over bankruptcy-bound Ruchi SoyaAdani Wilmar, which emerged as the highest bidder in August last year after a long drawn battle with Patanjali, has withdrawn from the race
Feb 08, 2019
NCLT allows Ruchi Soya management to get copy of resolution plans; says it will start regular hearing on the matter from 5 MarchA resolution for Ruchi Soya, which owes about Rs 12,000 crore to the lenders, has been moving between Ram Dev's Patanjali and Adani Wilmar
Dec 26, 2018
Insolvency proceedings: Bidders to face jail term, penalty if they pull out from plans to take over stressed firmsApart from invoking section 74 of the Insolvency and Bankruptcy Code, which provides for a jail term, the government may impose a maximum Rs 1 crore penalty
Dec 25, 2018
Patanjali renews interest in Ruchi Soya takeover as Adani Wilmar raises asset concerns of edible oil firmPatanjali Ayurved has approached the NCLT challenging the decision by Ruchi Soya's lenders to approve Adani Wilmar's Rs 6,000 crore takeover bid.
Oct 09, 2018
Patanjali to focus on agriculture; bring out more products from farm, food processing sector: Baba RamdevPatanjali Ayurved last month entered into the cow milk segment by launching cow milk and milk-based dairy products and also has plans to launch its apparel brand 'Paridhan'.
Aug 28, 2018
Bankruptcy-bound Ruchi Soya's promoters sell over 1 cr shares worth 3.18% stake in open marketRuchi Soya's promoter entity Disha Foundation Trust sold these shares on 24 August