Epic Update : Ruchi Soya Industries

Ruchi Soya Industries has received an approval for purchase of the oil refining business of Ruchi Infrastructure being run at the plant situated at Kakinada, in the State of Andhra Pradesh, as a going concern for a lump sum consideration of approximately Rs 44 crore subject to adjustment for value of assets and liabilities as on the date of closing in accordance with the Business Transfer Agreement.

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