EID Parry (India) Limited has announced that its Board of Directors will convene on February 12, 2026, to review and approve the company's quarterly financial performance. The meeting notice was issued on January 28, 2026, in accordance with regulatory requirements.

Board Meeting Details

The scheduled board meeting will focus on considering and approving the company's financial results for the third quarter of fiscal year 2026. The meeting is set to take place on Thursday, February 12, 2026.

Regulatory Compliance

The notice was issued pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates listed companies to inform stock exchanges about board meetings where financial results will be considered.

Company Secretary Biswa Mohan Rath signed the official communication on January 28, 2026, at 11:45:48 +05'30'. The notice was formally submitted to both major stock exchanges where the company's shares are listed.

Stock Exchange Communication

The company has informed both BSE Limited and National Stock Exchange of India Limited about the upcoming board meeting. E.I.D. - Parry (India) Limited trades on BSE with scrip code 500125 and on NSE with scrip code EIDPARRY.

The company is headquartered at Dare House, 234, N.S.C. Bose Road, Parrys Corner, Chennai 600 001, and operates under CIN L24211TN1975PLC006989. Investors and stakeholders can access more information through the company's official website at www.eidparry.com .

EID Parry has received a formal request from Algavista Greentech Private Limited (AGPL) seeking reclassification from the promoter group category to public shareholder status. The request, submitted on December 18, 2025, follows the completion of EID Parry's divestment of its entire 50% stake in the joint venture company.

Stake Divestment Background

Earlier, EID Parry's Board of Directors had approved the strategic decision to sell its entire 50% stake in Algavista Greentech Private Limited. The transaction details were as follows:

Reclassification Request Details

Algavista Greentech has formally requested removal from EID Parry's promoter and promoter group list, citing that it no longer falls under the definition specified in SEBI regulations. The current shareholding status shows:

Regulatory Compliance

As required under Regulation 31A of SEBI Listing Regulations, Algavista Greentech has confirmed that neither the company nor any related persons hold more than 10% voting rights in EID Parry, exercise control over company affairs, have special rights, or are represented on the board of directors. The company has also confirmed it does not act in concert with EID Parry's promoter group and is not privy to any price-sensitive information.

Approval Process

The reclassification requires approval from EID Parry's Board of Directors and no-objection from both the National Stock Exchange of India Limited and BSE Limited. EID Parry has informed the stock exchanges about receiving this request in compliance with regulatory disclosure requirements.

Strategic Impact

This development completes EID Parry's strategic move to streamline its portfolio and focus on core business areas. The minimal financial contribution of Algavista Greentech to EID Parry's overall operations suggests the reclassification will have limited impact on the company's financial performance while ensuring proper regulatory compliance.