Agriculture
Singapore's Wilmar to take RBI to court over Shree Renuka Sugars, says report
Updated : March 27, 2019 09:36 AM IST
Wilmar International stands to lose a lot as it has about Rs 4,000 crore exposure to Shree Renuka in the form of equity and loans, the report said.
Wilmar, before the open offer, held 38.57 percent stake in the sugar refining company which went up to 58 percent, the report added.
