Zydus has outbid the world’s largest beverage company Coca-Cola for a portfolio including children’s milk drink Complan.
The NBFC will be set up with an initial corpus of Rs 2,000 crore.
The revamp of ICHs and opening of new outlets will boost coffee consumption.
The law tribunal has directed potential investors to submit a plan for resurrecting the company.
Patanjali has also assured the lenders that it would invest extra capital required to revive the company.
Ruchi Soya’s brand portfolio includes Nutrela, Mahakosh, Sunrich, Ruchi Gold and Ruchi Star.
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