Jolly Masih
Ruchi Soya, once a prominent player in India's edible oil industry, witnessed a dramatic rise and an equally spectacular fall. This case study delves into the factors that contributed to the failure of Ruchi Soya, examining its corporate governance practices, financial mismanagement, debt burden, and external market pressures. The study also highlights the lessons that can be learned from the downfall of this once-thriving conglomerate.