Baba Ramdev calls Ruchi Soya board meeting on June 29, may make big announcement
Baba Ramdev calls Ruchi Soya board meeting on June 29, may make big announcement
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New Delhi: Yoga guru Baba Ramdev, who has recently been in controversy over objectionable statements on allopathy, is going to do a big job. Baba Ramdev's company Ruchi Soya Industries Limited is scheduled to make a big announcement on June 29. The board of directors of the company is scheduled to meet on this day. The company has reported it to the Bombay Stock Exchange (BSE).

According to the information received, the company is going to make some big announcements at this meeting itself. According to media reports, the company may announce its IPO. The meeting will also provide information on the company's results for the quarter and fiscal year ended March 31. The profit of Soya Industries, which was interested in the October-December quarter last year, was Rs 227.44 crore. The company's total revenue stood at Rs 4,475.6 crore this quarter from Rs 3,725.66 crore in the third quarter of 2019-20 a year ago.

Let us tell you that in the year 2019, Baba Ramdev's Patanjali Ayurveda acquired Ruchi Soya. Patanjali and Ruchi Soya had a deal worth Rs 4350 crore for this. The board of directors of Ruchi Soya includes Ramdev's brother Ram Bharat as well as associate Balakrishna.

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