MANUFACTURING
EID Parry Exits Low-Margin Consumer Categories, Eyes Premium Products
Diversified agri-business major EID Parry (India) Ltd is reshaping its consumer products portfolio by exiting low-margin bulk categories and strengthening its presence in premium food products such as jaggery and brown sugar, while accelerating digital and AI-led transformation to improve productivity and execution. Outlining the company’s strategic priorities in the Annual Report 2026, EID Parry […]
Sajan C Kumar
·
Jul 17, 2026
MANUFACTURING
EID Parry Infuses ₹600 Cr Into PSRIPL To Settle Obligations Of Shut Refinery
Murugappa Group company EID Parry (India) Ltd has infused around ₹600 crore into its wholly owned subsidiary Parry Sugars Refinery India Pvt Ltd (PSRIPL) to meet debt obligations, with the company expecting to complete all loan repayments linked to the closed Kakinada sugar refinery by June 2026. The update, shared during the company’s latest earnings […]
CW Bureau
·
Jun 2, 2026
MANUFACTURING
Parry Sugars’ Kakinada Refinery Shut; EID Parry Steps In With ₹740 Cr Aid
Murugappa Group company EID Parry (India) Ltd has announced the immediate shutdown of the sugar refinery unit run by its wholly-owned subsidiary Parry Sugars Refinery India Pvt Ltd (PSRIPL) at Vakalapudi in Kakinada, citing sustained losses and a mounting debt burden. To settle the subsidiary’s liabilities following the closure, the parent company will infuse substantial […]
CW Bureau
·
Mar 31, 2026
