Parrys Sugar Industries Fixes Record Date for Scheme of Arrangement

Pursuant to the Scheme of Arrangement (Demerger) between Parrys Sugar Industries Limited, E.I.D. - Parry (India) Limited; and their respective shareholders and Creditors, the Company have fixed March 22, 2013 as Record Date for the purpose of ascertaining the members who would be entitled to received 5 equity share of face value of Re. 1/- each of E.I.D. - Parry (India) Limited; for every 19 shares of Parrys Sugar Industries Limited held by them.

The Parrys Sugar Industries Ltd stock was trading at Rs.43.50, down by Rs.1.60 or 3.55%. The stock hit an intraday high of Rs.48.75 and low of Rs.43.50.

The total traded quantity was 124 compared to 2 week average of 501.

The E.I.D. Parry (India) Limited stock was trading at Rs.164.65, up by Rs.1.30 or 0.80%. The stock hit an intraday high of Rs.167.95 and low of Rs.159.80.

The total traded quantity was 0.26 lakhs compared to 2 week average of 0.18 lakhs.

Source : Equity Bulls

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