Promoter/group: Dinesh Shahra/Ruchi Soya

2021-08-08 -

Companies: None

Lost control of: Ruchi Soya Peak market valuation (FY End): `3,521 crore (March 2011)

Current valuation: Nil

Reason for insolvency: Cost escalation, tough business conditions

Insolvency claims admitted: `12,100 crore

Status: Patanjali acquired Ruchi Soya for `4,350 crore in 2019