Patanjali objects to Adani Wilmar winning Ruchi Soya bid
Ramdev's Patanjali Ayurved has moved the National Company Law Tribunal challenging the decision by Ruchi Soya's lenders to approve Adani Wilmar's â¹6,000-crore takeover bid. Patanjali claimed that the correct process of bidding was not followed by the lenders. Ruchi Soya, whose leading brands include Nutrela, Sunrich and Ruchi Gold, has a debt of about â¹12,000 crore.