Corporate News     22-Feb-17
Board of EID Parry (India) approves investment of Rs 231 crore in subsidiaries
At meeting held on 21 February 2017
EID Parry (India) announced that the Board of Directors of the Company at their meeting held on 21 February 2017 accorded their approval for the following:-

1. Investments held in the Cumulative Redeemable Preference Shares in Parry Sugars Refinery India (PSRIPL), a Wholly Owned Subsidiary aggregating to Rs. 141 crore to be converted into equity shares of PSRIPL.

2. Investment of an amount of Rs. 90 Lakh in the Equity Share Capital of Parrys Investments, a wholly owned subsidiary.

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