Parrys Sugar Industries plans to issue preference shares to promoters up to Rs 100 crore and it will also increase the authorised capital by Rs 100 crore. The company would issue of 8% preference shares of Rs 10 each aggregating to a nominal amount not exceeding Rs 100 crore to the promoters or such other investors.
The Bangalore-headquartered company is a subsidiary of EID Parry (India) and has three sugar plants with a combined crushing capacity of 11,500 tonnes of cane per day (TCD).
crackcrack| Company Name | CMP |
|---|---|
| Shree Renuka Sugar | 27.47 |
| Bajaj Hindusthan Sug | 18.72 |
| Triveni Engg. & Inds | 386.00 |
| Balrampur Chini Mill | 483.65 |
| Dalmia Bharat Sugar | 376.25 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: