EID Parry India has received an approval for raising Rs 100 crore through issue of Non-Convertible Debentures (NCDs) on a private placement basis. The Board of directors of the company at its meeting held on March 29, 2018 has approved for the same.
EID Parry is a significant player in Sugar with interests in promising areas of Bio Pesticides and Nutraceuticals. The company also has a significant presence in Farm Inputs business through its subsidiary, Coromandel International.