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Has SEBI allowed retail investors to withdraw their bids in the Ruchi Soya FPO?

Due to the circulation of speculative messages, SEBI has allowed retail investors to withdraw their applications in the Ruchi Soya FPO till March 30th. Learn more about it in this letter of intimation ( PDF ) from the company.

Withdrawal requests can be placed till 2 PM on March 30th by creating a ticket below with the 14-digit FPO application number. The application number can be found on your registered email ID.

The funds blocked towards the FPO application will be released by the bank once the application is withdrawn.

FPO applications placed using other brokers or ASBA cannot be withdrawn through Zerodha.