EID Parry India Limited — Important, 06-08-2025: Sale or disposal
06-08-2025 | 01:47 pm
06-08-2025 | 01:47 pm
EID Parry is dissolving Parry International DMCC, its Dubai-based wholly owned step-down subsidiary. In FY25, this unit reported 482.45 Cr in revenue, representing a minor 1.53% of the company's consolidated revenue, and carried a negative net worth of (54.51) Cr. This move suggests a strategic streamlining of operations by exiting a small, non-contributing asset. The dissolution awaits statutory approvals from Dubai authorities.
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