Parrys Sugar Industries Ltd Merged Share Price

Summary

GMR Industries Limited (GIDL) is the Agri business division of the GMR Group, one of the fastest and most progressive business houses in India. The company produces superior grade sugar and associated products at state-of-the-art Integrated Sugar Complexes. GMR Industries Limited is equally committed to the socio-economic development of the farmers through own farmer-partnership initiatives. Sugar manufacturing facility is certified ISO 9000:2001 and the distillery is certified zero-effluent. GMR Industries Limited was incorporated in the year 1986 with the name Sree Sarda Ferro Alloys Ltd. During the year 1992-1993, the company expanded its production capacity of Ferro Chrome from 6000 TPA to 10,926 TPA. During the year 1995-1996, the company further expanded its Bulk Ferro Alloys capacity from 10,926 Tonnes to 25,000 Tonnes. In February 1995, the company changed their name from Sree Sarda Ferro Alloys Ltd to GMR Vasavi Industries Ltd. During the year 1996-1997, the company launched the intensive Cane Development programme, resulting availability sugarcane from 700,000 MT to 6,000,000 MT.During the year 1999-2000, the company name was changed from the GMR Vasavi Industries Limited to GMR Technologies & Industries Limited and in the same year the Varalakshmi Sugars Limited amalgamated with GMR Technologies & Industries Limited with effect from 01 April 1999.During the year 2000-2001, the company sugar division, implementing the expansion of Co-generation power up to 16 MW. Du
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