EID Parry India Limited — Important, 31-03-2026: Updates

E.I.D. Parry has closed its sugar refinery subsidiary, PSRIPL, citing structural unviability and Rs. 1,406 Cr accumulated losses. It will provide Rs. 740 Cr (Rs. 610 Cr equity, Rs. 130 Cr loan) to settle PSRIPL's liabilities, resulting in a Rs. 655 Cr provision and Rs. 46 Cr investment impairment.