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Ruchi Soya sells stake in joint venture firm for Rs 63 crore Read more at: http://economictimes.indiatimes.com/articleshow/52387497.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Ruchi Soya sells stake in joint venture firm for Rs 63 crore


Read more at:
http://economictimes.indiatimes.com/articleshow/52387497.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
NEW DELHI: FMCG firm Ruchi SoyaBSE -2.82 % Industries today said it has sold its entire stake in joint venture (JV) firm, Ruchi Kagome Foods India , for Rs 63 crore.

"The company has disposed off its entire stake in the JV company at a consideration of Rs 63 crore and has entered into Termination Agreement and Share Purchase Agreement with Kagome Co and others, on May 20, 2016, resulting into termination of JV arrangement with parties thereto," it said in a ..


Read more at:
http://economictimes.indiatimes.com/articleshow/52387497.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst