Ruchi Soya Appoints Sanjeev Asthana As CEO
A pack of one liter Ruchi Soya Industries Ltd. Ruchi No. 1 Vanaspati oil is arranged for a photograph at the company’s edible oil refinery plant in Patalganga, India. (Photographer: Dhiraj Singh/Bloomberg)

Ruchi Soya Appoints Sanjeev Asthana As CEO

Bookmark

Ruchi Soya Industries, which is owned by Yogi Ramdev-led Patanjali Ayurveda, has appointed Sanjeev Asthana as its chief executive officer.

Sanjeev Asthana has joined as Chief Executive Officer of the company with effect from July 6, 2020, according to a regulatory filing.

He has been appointed for a period of three years from the date of joining.

Asthana has done his post graduate in business management from Institute of Rural Management, Anand and International Trade from Indian Institute of Foreign Trade, New Delhi.

He has served with several large organisations such as State Trading Corporation of India, Britannia, ITC, Cargill, Reliance Retail and Ruchi Soya.

Also read: What Explains The Over 6,200% Jump In Ruchi Soya’s Share Price

Last week, the company had informed that its independent director Rajat Sharma resigned from the board with effect from July 2 "due to his preoccupation".

Patanjali Ayurveda acquired Ruchi Soya Industries through insolvency proceedings.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.