Ruchi Soya to launch ₹4,300-crore FPO in last week of Feb: Report

Ruchi Soya is likely to launch its follow-on public offer (FPO) in the last week of February to raise up to ₹4,300 crore, PTI reported. It had received SEBI's approval to raise funds through an FPO in August last year. Ruchi Soya is launching the FPO to meet SEBI's norm of minimum public shareholding of 25% in a listed entity.