E.I.D-Parry India plans Rs. 1 billion private placement of debentures

By Tali Rackner

Minneapolis, March 26 – E.I.D-Parry (India) Ltd. informed the Bombay Stock Exchange that it plans to raise Rs. 1 billion through a private placement of nonconvertible debentures.

The company’s board of directors will discuss the issue at a meeting on Thursday.

E.I.D-Parry is a bio pesticides and nutraceuticals company based in Chennai, India.

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