Ruchi Soya FPO: Investors withdrew 97 lakh bids after co gave withdrawal option

Ruchi Soya FPO: Investors withdrew 97 lakh bids after co gave withdrawal option

New Delhi: Nearly 97 lakh bids were withdrawn in Ruchi Soya Industries’ Rs 4,300 crore follow on public offer after markets watchdog Sebi had directed the company to give investors the option to withdraw their bids, according to sources. However, the Follow on Public Offer (FPO) is complete. In a rare move, Sebi, on March … Read more