ALPHA TRIBE

EID Parry India LimitedOthers, 06-08-2025: Change in Management

06-08-2025 | 01:43 pm

E.I.D. - Parry (India) Limited has decided to dissolve Parry International DMCC, its wholly-owned step-down subsidiary in Dubai. This subsidiary contributed 482.45 Cr to the company's revenue in FY 2024-25, representing 1.53% of consolidated revenue, and had a net worth of (54.51) Cr. This move streamlines operations and sheds an underperforming asset. Additionally, the company has appointed Mr. S Ramakrishnan as Business Head - Nutraceuticals. Mr. Ramakrishnan brings over 35 years of industry experience, reinforcing leadership in this key growth segment.

No comments yet. Be the first to comment!

All announcements from EID Parry India Limited