NOTICE
   
 
Ruchi Soya Industries Limited (“RSIL” or the “Company”) is the premier company of the Ruchi Group. It is the largest oilseed crusher ,importer of edible oils,exporter of oilseed meals and producer of textured soya protein (“TSP”) in India.
 
  Project Description:
 
   
      
The Company envisages an investment program spread over two years that includes the following components. Construction of Greenfield 700 tons per day (TPD) oil refinery and 200 TPD hydrogenation plant at Patalganga and a 1000 TPD soyabean crushing and 200 TPD oil refinery at Butibori - 30 Kms from Nagpur in Maharashtra; modernization and upgrading of existing manufacturing facilities, purchase of new capital equipment for selected installations, provision of working capital, and acquisition of other, existing operations. The project aims to take advantage of the increasingly growing demand for edible oils in India ,especially the trend towards the packaged edible oil. The proposed financing from International Finance Corporation (IFC) will be used in two main areas: The first is to finance two new facilities: a port based refinery at Patalganga , a crushing plant and associated refinery at Butibori near Nagpur both in the state of Maharashtra. The second part is to finance the Company’s maintenance capex and permanent working capital, and upgrade edible oil plants and refineries that may be acquired. The total project cost is estimated at Indian Rupees (INR) 2,762.7 million (Approx US$ 60.9 million equivalent). The proposed IFC investment is a loan of INR 1,350 million (Approx US29.70 $ million equivalent) for its own account.An Environmental Review Summary Report for the project has been prepared by IFC as part of its environmental and social due diligence. The Environmental Review Summary report will be available for public review starting February,20 2004 on the IFC Website and at the following places :
   
POST OFFICE
   
 
Address : P.O. MAZGAON, TALUK : KHALAPUR, DIST : RAIGAD , PIN: 410 220.BANK : SYNDICATE BANK, KHAIRA, PATALGANGA, PIN : 410 220.TEMPLE : DEVI MANDIR, ILLAGE ISAMBE, P.O. MAZGAON, TALUK : KHALAPUR, DIST : RAIGAD, PIN : 410 220.SITE : VILLAGE : ESAMBE, TALUKA : KHALAPUR, DISTRICT : RAIGAD, STATE : MAHARASHTRA , INDIA, PIN : 410 220.WEBSITE : www.ruchigroup.com
   
POST OFFICE
   
 
Address : PURANI BASTI, BUTI BORI , DIST : NAGPUR, PIN : 441108. BANK : HDFC BANK LTD., 204 , MASHURWALA MARG , DHARAMAPETH EXTN, SHANKAR NAGAR SQUARE,NAGPUR : 44 00 10.TEMPLE : DURGA MANDIR, WARD NO. 5, BURI BORI , DIST. : NAGPUR , PIN : 44 1108. SITE : POST OFFICE : BUTI BORI, DISTRICT : NAGPUR, STATE : MAHARASHTRA , INDIA, POSTAL PINCODE : 44 1108.WEBSITE : www.ruchigroup.com
   
 
Members of the public can view the Environmental Review Summary report until March,20, 2004. Questions may be directed to Mr. V.Suresh Kumar , Head of Finance , Ruchi Soya Industries Limited, 408, Tulsiani Chambers, Nariman Point, Mumbai : 400 021. Phone : 91 22 56560600 / 22828172 and Fax Number : 91 22 2204 3397
   
 
Please click here to view Environmental Review Report Summary