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EID Parry gets nod to invest Rs 19 crore in Algavista Greentech

05 Oct 2021 Evaluate

EID Parry (India) has received approval from board of directors for an investment of Rs 19 crore in the share capital of the Joint Venture Company, Algavista Greentech. The company has also received approval for sale of the Plant & Equipment of the Sugar Factory at Pettavaithalai, which is not in operation. The Board of Directors at their meeting held on October 04, 2021 has approved the same.

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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