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EID Parry raises Rs 100 crore through NCDs

30 Apr 2018 Evaluate

EID Parry has raised Rs 100 crore. The Loans and Investment Committee of the Board at its meeting held April 27, 2018, allotted 1000 Rated, Listed, Secured, Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 10,00,000 each aggregating to Rs 100 crore.

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.

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