Piccadily Agro Industries has sold its all short-term investment in equity shares of Nirvana Biosys on June 30, 2014. Earlier in February this year, the company had purchased 89% shareholding of Nirvana Biosys, which has become a subsidiary of Piccadily Agro Industries.
Nirvana Biosys, incorporated in the year 2008 has set up a plant of winery at Bawal, District Rewari in the State of Haryana as a joint venture with E.C. Oxenham & CY lle, Maurice-winemakers for over 75 years with a French Lineage. The Company has a distinction of setting up of a first such winery in the Northern India.
Piccadily Agro Industries is in the business of manufacturing of sugar and its by-products. Company's manufacturing plant is located at Umri Indri Road, Village Bhadson, Tehsil Indri Karnal District, Haryana.
| Company Name | CMP |
|---|---|
| United Spirits | 1303.00 |
| United Breweries | 1494.10 |
| Radico Khaitan | 3188.25 |
| India Glycols | 975.65 |
| Allied Blenders | 573.50 |
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