EID Parry India Limited has informed regarding Disclosure of material issue
EIDPARRY · price
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EID Parry India's board, at its meeting on February 12, 2026, approved selling up to 15,00,000 equity shares of Coromandel International Limited (CIL) through the open market. EID Parry currently holds 16,54,55,580 shares in CIL, representing 56.09% of CIL's paid-up capital as of December 31, 2025, so this sale amounts to just about 0.51% of CIL. CIL is EID Parry's largest investment — it contributed 76.19% (Rs. 24,085.24 crore) of consolidated revenue and 86.78% (Rs. 11,222.76 crore) of consolidated net worth in FY25. The sale price will be based on prevailing market price on the date of sale, and it is not a related party transaction.
This is a minor, routine stake sale of only 0.51% in the company's key subsidiary. EID Parry will continue to remain the majority shareholder of CIL with over 55% holding, so there is no change in control, no SEBI open offer trigger, and minimal impact on shareholders or stock price of either company.