Securing Origination: Ruchi Soya at the Rabo Bank Advisory Board Meeting in Hong Kong

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 Securing Origination: Ruchi Soya at the Rabo Bank Advisory Board
                       Meeting in Hong Kong
Ruchi Soya Managing Director Mr. Dinesh Shahra, along with Mr. Ankesh Shahra – Director, Business
Development for Ruchi Agritrading Pte Ltd, Singapore were invited to attend the prestigious Rabo
Bank Food & Agribusiness Advisory Board Meeting that was held in Hong Kong. The Theme of the
meeting was ‘Burgeoning world food demand and the shrinking corporate universe” and Ruchi was
specifically asked to present their views and perspectives on the importance of M&A for Ruchi
across the Food and Agriculture supply chain. Spread across two days, there were several important
thought provoking issues discussed between the key decision makers of the largest Food and
Agribusiness companies from Asia and the world.

Mr. Dinesh Shahra spoke about the importance of acquisitions at the low end of the business cycle
and the value that high quality upstream assets at origination offer for companies such as Ruchi. In a
discussion moderated by ex-CNBC anchor Ms. Lorraine Hahn, Mr. Dinesh Shahra mentioned that
Asian companies should continue to vertically integrate but in order to remain sustainable, they
must combine this integration with specialization down the chain. This is to ensure that they remain
the most efficient users of the capital they possess, as niche/specialized companies are on a growth
trajectory and are delivering exceptional returns.

Ruchi Industries Singapore, the overseas holding company of Ruchi Soya that is consolidating its
global assets is in the process of executing the backward integration strategy of Ruchi Soya into palm
plantations and agricultural production. One of the topics discussed in Hong Kong were the
challenges that stretch into asset ownership whilst securing origination. “Asset ownership in
emerging economies comes with a set of risks that must be evaluated in conjunction with the
superior cost structure that these countries generally offer. Sovereign and regulatory risks,
management challenges, the ability to influence operations as well as differing tax regimes are all
points to watch out for” says Ankesh Shahra.

Ruchi Soya Industries Limited

Featuring among the top five FMCG players in India, Ruchi Soya Industries is the flagship company of
Ruchi Group of Industries. A leading manufacturer of high-quality edible oils, soya food, vanaspati
and bakery fats, it is also the highest exporter of soya meal, lecithin and other food ingredients from
India. Established in 1986, it is the largest producer and marketer of vegetable oils and soya food,
the largest oilseed crusher and edible oil refiner, the largest importer of vegetable oil and the largest
exporter of soya derivatives from India. Ruchi Soya has also diversified into Renewable Energy and
Plantations in the recent past.


For Media contacts
Yogesh Kolte                      Head - Corporate Communications, Ruchi Soya Industries Limited
M: (+91) 98203 09121              T: (+91 22) 6656 0677 | 0600   E: yogesh_kolte@ruchigroup.com

				
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Description: Ruchi Soya Managing Director Mr. Dinesh Shahra, along with Mr. Ankesh Shahra – Director, Business Development for Ruchi Agritrading Pte Ltd, Singapore were invited to attend the prestigious Rabo Bank Food & Agribusiness Advisory Board Meeting that was held in Hong Kong.