EID Parry India Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 06, 2025
EIDPARRY · price
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EID Parry India Limited has notified the exchanges of its 50th Annual General Meeting scheduled for Wednesday, August 6, 2025, at 3:00 p.m. IST, to be held via video conference. The company has also filed its Annual Report for FY 2024-25, sent electronically to shareholders and uploaded on its website. The e-voting window runs from August 2 to August 5, 2025, with July 30, 2025, as the cut-off date to determine voting eligibility. From the annual report, standalone revenue from operations grew 13% to ₹3,168 crore, driven by the new Consumer Products Group segment, though operating EBITDA fell to ₹252 crore and profit before tax (before exceptional items) dropped sharply to ₹8 crore from ₹115 crore in FY24. The company, part of the Murugappa Group, is repositioning itself from a pure sugar company into a bio-energy and branded foods business.
This is a routine regulatory filing notifying shareholders of the AGM and the availability of the annual report, with no new corporate action. However, the sharply lower profitability in FY25 despite higher revenue highlights margin pressure in the core sugar business and the strategic importance of the consumer products diversification. Shareholders should review the annual report and participate in the e-voting process, with the cut-off date of July 30, 2025, being critical for voting eligibility.