Business Standard

SMSes pertaining to FPO not issued by the company, says Ruchi Soya

Ruchi Soya Industries has filed a first information report in Haridwar to investigate the origin of the messages doing the rounds on social media

Baba Ramdev addresses the media in Mumbai on Monday. Kamlesh Pednekar
Premium

Baba Ramdev-led Patanjali Ayurved owns 98.9 per cent in Ruchi Soya; only 1.1 per cent is with the public

Samie Modak Mumbai
Ruchi Soya Industries has said that the SMSes pertaining to investments in its follow-on public offering (FPO) have not been issued by the company or its promoters. The company has filed a first information report to investigate the origin of the messages doing the rounds on social media.

“We understand that there is a SMS/message in circulation in social media, speculating about investment opportunity in our company’s issue and about equity shares of our company being available at discount to the market price. We wish to bring to attention of the investors that this message has not been issued by

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 29 2022 | 9:20 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com