Ruchi Soya's lenders to select highest bidder in five days

Ruchi Soya's lenders are all set to select the highest bidder for the company in five days. The Committee of Creditors will vote on offers from Patanjali Group and Adani Wilmer, sources said.

The lenders are set to select the highest bidder within five days. Patanjali Group's offer includes cash payment of Rs 4,100 crore, capital infusion of Rs 1,700 crore, totaling to Rs 5,800 crore.

The Adani Wilmar offer is for Rs 3,285 crore, and bids from Godrej Agrovet and Emami Agrotech bids were not considered.