A stock’s 8,764% surge spurs India to rethink shareholding rules

Ruchi Soya was acquired by a Yoga guru Baba Ramdev’s Patanjali Ayurveda-led consortium last year via an insolvency resolution process. The founders held 99.03 per cent of the company’s capital as of March 31.

from Stocks-Markets-Economic Times https://ift.tt/3ghc2QC