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Ruchi Soya to be renamed Patanjali Foods Limited

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Content Team
Image Credit: abplive

The board of directors of FMCG major Ruchi Soya Industries Limited has decided to change the company's name to 'Patanjali Foods Limited'. The company's board meeting was held on April 10. Ruchi Soya Industries Limited is a part of Yoga Guru Ramdev-led Patanjali Ayurveda. Patanjali acquired Ruchi Soya Industries Limited in 2019 for Rs 4,350 crore through an insolvency process.