Ruchi Soya files FIR against circulation of unsolicited messages advertising company’s FPO

Ruchi Soya on March 29 issued a public notification that said they had submitted FIR to find out the origin and perpetrators of the SMS advertising company that was not requested by RS 4,300 Crore Follow-on public offering (FPO).”We understand that there are SMS / messages circulating on social media, speculating about investing in our company’s problems and about our company’s equity shares available at discount prices (” messages “). We want to pay attention to investors that this message has not been issued by the company or Director, promoter, promoter group or our group company. First information report that bearing no 0188 dated March 27, 2022 (“FIR”) has been recorded by our company with a police station in Haridwar to conduct an investigation with respect to the message circulation, below the part 67a Information Technology Act, 2000 and Section 420 of the Criminal Code, 1860, “said the company in public notification.

On Monday, the market regulator has provided options to investors at FPO Ruchi Soya to attract their application after the circulation of the message Good news for all members of Patanjali’s beloved Parivar. Good investment opportunities in Patanjali Group. Patanjali Group Company-Ruchi Soya Industries Ltd has opened a Public Offer (FPO) Follow-up for retail investors. This problem was closed on March 28, 2022. It is available in the band price – Rs 615-650 rupees per share, discount i.e around 30% to market prices. You can apply for shares through banks / brokers / asba / upi in your Fool Account “, read unsolicited messages.

The effect and Exchange Board of India (SEBI), citing the circulation of the message above, has asked Ruchi Soya to issue an ad in the newspaper that warns investors about unsolicited SMS circulation. Advertising will be issued on “29 and 30 March”, said the market regulator in its order Ruchi Soya’s shares settled 6 percent lower at RS 815.05 each at BSE in the last session, while the benchmark Sensex ended 231.29 points or 0.40 percent higher at 57,593.49. 

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