EID Parry decides to close one of its non-operating sugar units in Tamil Nadu

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Chennai: One of the largest sugar makers in the country, EID Parry India Ltd, will be closing its one of the non-operating sugar unit in Tamil Nadu.

The company said, “The Murugappa Group firm’s sugar unit at Pettavaithalai in Tamil Nadu has stopped operations as there is a scarcity of sugarcane for crushing”.

According to the news report published in Thehindu.com, the company said in a regulatory filing that it proposes to deal with the assets as may be deemed appropriate.

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