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EID Parry planning to raise Rs 300 crore via NCDs

EID Parry (India) is planning to raise Rs 300 crore by issue of Non-Convertible Debentures (NCDs) on private placement basis in one and more tranches. The meeting of the Board of Directors of the Company scheduled to be held on May 8, 2019, to consider 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.

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