Ruchi Soya's final consideration of acquisition of oil refinery business of Ruchi Infrastructure

Written By Unknown on Kamis, 02 Oktober 2014 | 16.03

With reference to letter dated Sept 1, 2014 informing about the transfer of oil refinery business of Ruchi Infrastructure in favour of the company with effect from September 1, 2014, Ruchi Soya has informed that adjustment to the consideration of Rs 44.14 crore has been made on the basis of value of assets and liabilities as on completion date.

With reference to the earlier letter dated September 01, 2014 informing about the transfer of Oil Refinery Business of Ruchi Infrastructure Limited in favour of the Company with effect from September 01, 2014, Ruchi Soya Industries Ltd has now informed BSE that adjustment to the consideration (of Rs. 44.14 Crores) has been made on the basis of value of assets and liabilities as on completion date and the final consideration for such transfer has been arrived at Rs. 49.79 crores.Source : BSE

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