date:May 27, 2016
rt for the JV.
Ruchi Soya, which is India's largest oil refiner, will hold a 33.34 percent share on the JV while edible oils and agribusiness Adani Wilmar will hold a 66.66 percent stake.
Those behind the JV said it will confer benefits on Indian farmers and consumers in terms of pricing and the variety of products made.
Gautam Adani, chairman of Adani Group, said The proposed partnership between Adani Wilmar and Ruchi will have a positive impact on the overall agricultural landscape