E.I.D-Parry India board to consider Rs. 2.5 billion of debentures

By Sarah Lizee

Olympia, Wash., Jan. 25 – E.I.D-Parry (India) Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Feb. 1 to consider a proposal to raise Rs. 2.5 billion of nonconvertible debentures.

The notes would be issued by way of private placement, according to the notice.

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

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