EID Parry India acquires equity shares of SSPL from Cargill Asia Pacific Holdings

13 Dec 2012 Evaluate

EID Parry India has signed an agreement and purchased the entire equity stake of its joint venture partner, Cargill Asia Pacific Holdings PTE in its joint venture entity ‘Silkroad Sugar’ (SSPL).

With this acquisition, the equity holding of EID Parry India would now increase to 99% and SSPL would become a subsidiary of the company.

EID Parry India manufactures and markets a wide range of products such as sugar, bio-products and nutraceuticals. Today, the company is one of the Top 5 sugar producers in India and is on the path to sweetening more lives around the world.

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

963.50 -19.35 (-1.97%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Shree Renuka Sugar 39.83
Bajaj Hindusthan Sug 31.14
Balrampur Chini Mill 537.05
Triveni Engg. & Inds 453.75
Dalmia Bharat Sugar 379.55
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