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Parvati Sweetners and Power Ltd Company Summary

₹12.29
(-0.73%)
Jul 5, 2024|03:40:00 PM

Parvati Sweetners and Power Ltd Summary

The Company was incorporated as Parva Sweetners and Power Private Limited on December 13, 2011. The Company was later converted into a Public Limited Company and the name got changed to Parva Sweetners and Power Limited on 24th January 2012. The Company is a manufacturer of sugar, and its by-products. The Company has a manufacturing plant at Village Sankhini, in Gwalior, Madhya Pradesh and is primarily engaged in the business the sugar mills in India.At the Extraordinary General Meeting held on 25th March, 2021,the Members approved the issuance of 2,56,03,388 equity shares of Rs. 5/- each fully paid, at a par to four individual (non-promoter) and one corporate entity (belonging to promoter group)on preferential basis. Accordingly, the Company has got the in-principle approval from the BSE Limited (a stock exchange where the shares of the Company are listed) for issue and allotment of allotted 1,93,26,065 equity shares in April 2021.

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