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EID Parry to close sugar unit at Tamilnadu

02 Jan 2021 Evaluate

EID Parry (India) has decided to close sugar unit of the company at Pettavaithalai, Tamilnadu, which is not in operation due to continuous non-availability of adequate sugar cane. The said plant will not be operated in future as the expectation of a revival of the cane cultivation in the area is low due to a variety of factors. The company proposes to deal with the assets of the unit 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.

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

865.45 12.45 (1.46%)
17-Apr-2026 16:59 View Price Chart
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