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*Ruchi Soya* - Patanjali is transferring its foods business to Ruchi Soya (as already indicated during the FPO meet of Ruchi Soya). The business size is ~Rs 4100 cr and expected to grow by 20-25%. Margins of the food business are 15-20%. Ruchi Soya needs to pay Rs 690 cr as the consideration (1x EBITDA). In addition, the name of the company would be changed to “Patanjali Foods Ltd”. *Positive*

#RUCHISOYA