EID Parry India Limited
EID Parry is engaged in Sugar, Nutraceuticals and ethanol production. It also has a significant presence in the Farm Inputs business including Bio pesticides through its subsidiary, Coromandel International Limited.
What EID files
- Others73
- Important25
- Investor Meet24
- Updates15
- Board Meeting13
- Credit Ratings1
E.I.D. Parry boosted distillery capacity at Haliyal (170 KLPD) and Nellikuppam (120 KLPD), adding a new grain-based plant in Sankili. A subsidiary repaid a Rs. 200 Cr loan. The company further commissioned 0.6 MW solar power plants and initiated a farmer carbon credit scheme.
E.I.D. - Parry (India) secured approval from NSE & BSE to declassify Algavista Greentech Private Limited (AGPL) from its promoter group. AGPL is no longer a part of the company's promoters.
EID Parry closes its unviable subsidiary PSRIPL's sugar refinery, absorbing Rs. 740 Cr debt. It will invest Rs. 610 Cr equity, give Rs. 130 Cr loan, and provision ~Rs. 655 Cr, plus impair Rs. 46 Cr, for a clean exit.
E.I.D. Parry has closed its sugar refinery subsidiary, PSRIPL, citing structural unviability and Rs. 1,406 Cr accumulated losses. It will provide Rs. 740 Cr (Rs. 610 Cr equity, Rs. 130 Cr loan) to settle PSRIPL's liabilities, resulting in a Rs. 655 Cr provision and Rs. 46 Cr investment impairment.
EID Parry's subsidiary PSRIPL is closing its sugar refinery due to ₹1,406 Cr accumulated losses, driven by high costs and weak market premiums. EID Parry will infuse ₹610 Cr equity and ₹130 Cr as an unsecured loan to settle PSRIPL's liabilities, leading to a ₹655 Cr provision and ₹46 Cr...