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Sneha Jain

19th Sep · SEBI-Registered Analyst

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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