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The deal worth ₹690 crores for acquiring Baba Ramdev-led Patanjali Ayurved's food retail business, has led to an exponential change in Ruchi Soya's growth trajectory going forward.
SEBI requested that the company notify all investors and stock exchanges of the withdrawal window.
60 per cent of the FPO will be used mainly to pare Ruchi Soya’s debt, while 20 per cent will be used for working capital and another 20 per cent for general corporate use.