Outcome of board meeting of EID Parry (India)

Held on 10 May 2016

EID Parry (India) announced that the Board of Directors of the Company at its meeting held on 10 May 2016, has recommended to the shareholders, the issue of non convertible debentures (Secured/ Unsecured) in one or more tranches aggregating to Rs. 300 crore (Rupees Three Hundred Crore Only) on private placement basis, at the ensuing Annual General Meeting of the Company.

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