The promoters of Amrit Banaspati Company (ABC), better known for its vanaspati and edible oil brands like Gagan, Ginni and Marigold, are said to be exploring various options, which range from selling its brands to offloading a substantial stake in the company.
ABC, whose Gagan brand is among the top three vanaspati brands in the country, has sent feelers to a number of Indian and multinational players in the edible oil industry, which include Ruchi Soya, Cargill India, Bunge India and Adani Wilmar.
[TOI]
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