E.I.D-Parry India places Rs. 1 billion of nonconvertible debentures

By Wendy Van Sickle

Columbus, Ohio, April 27 – E.I.D-Parry (India) Ltd.’s board of directors allotted Rs. 1 billion of nonconvertible debentures on Friday, according to a Bombay Stock Exchange notice.

The 1,000 rated, listed, secured, redeemable debentures have a face value of Rs. 1 million apiece.

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

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