Retail investors can scrap Ruchi FPO bid2 min read 28 Mar 2022, 07:59 PM IST
The Ruchi Soya follow-on offer opened on 24 March and closed on Monday, as the company looked to become debt-free and also comply with Sebi’s requirement of increasing minimum public shareholding to 10%
MUMBAI : Retail investors who have submitted bids for Ruchi Soya Industries Ltd’s ₹4,300 crore follow-on public offering can choose to withdraw their applications during 28-30 March, in a rare such step by the Securities and Exchange Board of India (Sebi).
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