Deal Closed | Ruchi Soya Industries Limited | FPO

The details of the deal are as follows:

Sector: Consumer / FMCG 

Announcement Date: 13-Jun-2021 

Name of Client: Ruchi Soya Industries Limited 

Deal Description: Advised Ruchi Soya Industries Limited in relation further public offering of equity shares aggregating to INR 4,300 crores.  

 Total Consideration: INR 4300 crore (USD 593.9 million) 

Team Members: Sudhir Bassi (Executive Director), Madhur Kohli (Partner), Vaibhav Mittal (Counsel), Sathvik Ponnappa (Principal Associate), Adrika Dhawan (Associate), Shambhavi Kumar (Associate) 

Role of Firm: Legal Counsel to the Company 

Other legal advisors: AZB & Partners were the domestic counsels to the BRLMs 

Unique Feature of Transaction: This is a unique public issue and first by any company which has undergone insolvency process under the Insolvency and Bankruptcy Code, 2016