E I D Parry (India) Ltd – Stake Sale Update
🔹 Transaction: Sale of entire 50% stake in Algavista Greentech Pvt. Ltd.
🤝 Buyer: M/s. Synthite Industries Pvt. Ltd (other JV partner, not part of promoter group)
🗓 Board Approval: Sept 19, 2025
💰 Consideration: ₹8 Cr
⏳ Expected Completion: Within 3 months
📊 Financial Contribution of Algavista Greentech (FY24-25):
• Revenue: ₹1.46 Cr (0.046%)
• Net Worth: ₹10.50 Cr (0.4134%) EIDPARRY
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