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Parrys Sugar Industries: Record Dated for Scheme of Amalgamation


EID Parry India Ltd has informed BSE that the Board of Directors of EID Parry India Ltd (the 'Transferee Company') have Fixed May 26, 2017 as Record Date for the purpose of issue of new equity shares of E.I.D.- Parry (India) Ltd to the shareholders of Parrys Sugar Industries Ltd (the 'Transferor Company'), in accordance with the Scheme of Amalgamation.

In accordance with Clause 11 .1 of the Scheme, all shareholders whose names appear in the register of members of Parrys Sugar Industries Ltd as on the Record Date, i.e. May 26. 2017 will be allotted 2 Equity Shares of Re. 1/- each fully paid up in E1.D.- Parry (India) Ltd for every 13 Equity Shares of Rs. 10 each fully paid-up held by them in the capital of the Parrys Sugar Industries Ltd.