EID Parry decides to close sugar unit at Pudukottai

30 Jul 2019

EID Parry (India) has decided that the sugar unit at Pudukottai which is not in operation due to continuous non-availability of adequate sugar cane will not be operated in future as the expectation of the revival of cane cultivation in the area is low due to a variety of factors.

The company proposes to transfer assets of the unit to its other units and also dispose other assets as may be deemed appropriate.

EID Parry (India) 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.

Related E.I.D. Parry (India) Ltd. Links:

E.I.D. Parry (I) Share Price

224.85 0.00 (0.00%) Jan 28, 18:01
1 Year Price Chart
Company Name CMP
Bajaj Hindusthan Sug 6.41
Shree Renuka Sugar 7.69
Balrampur Chini Mill 167.45
Triveni Engg. & Inds 79.15
Dhampur Sugar Mills 207.45
View more..
Sensex vs E.I.D. Parry (I)
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719