EID Parry (India) announced on Wednesday a buyback plan of its shares which will be opening from Dec. 15, 2008 to Oct. 28, 2009. The board of directors in its meeting held on Oct. 29, 2008 has accorded their consent on the same
The company has proposed to buy a minimum of 731,875 shares at a price not exceeding Rs 160 a share an aggregate amount not exceeding Rs 468.40 million being 10% of the aggregate of the company`s paid-up equity capital and eligible free reserves as on Mar. 31, 2008.
EID Parry India with its subsidiaries and joint ventures operates in the sugar, bio-products, sanitary ware, chemical fertilizers and nutraceutical sectors.
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