EID Parry India Ltd approves allotment of 1074861 Equity Shares

The Committee of the Board of Directors of EID Parry India Ltd at its Meeting held on May 28, 2017 has allotted 1074861 Equity Shares of face value of Re.1/ each fully paid up to the equity shareholders of Parrys Sugar Industries Limited.

In terms of the Scheme, the shareholders of Parrys Sugar Industries Limited have been allotted 2 equity shares of face value of Re.1 each of the Company for every 13 equity shares of face value of Rs.10 each held by them in Parrys Sugar Industries Limited as on the Record date of March 26, 2017.

Shares of E.I.D.-PARRY (INDIA) LTD. was last trading in BSE at Rs.324.1 as compared to the previous close of Rs. 321.25. The total number of shares traded during the day was 19704 in over 496 trades.

The stock hit an intraday high of Rs. 326.35 and intraday low of 320. The net turnover during the day was Rs. 6379731.

Source : Equity Bulls

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