Parry Agro Industries Limited is one of the leading producers of CTC, Orthodox, Organic and Green teas, in India, is a part of the Murugappa Group, which is one of India’s leading business conglomerates in India. The Group has 28 businesses including nine listed Companies traded in NSE & BSE.
Parry Agro Industries Limited was incorporated on 23 March 2011 and is registered at Registrar of Companies, Chennai. The main business of the company is the cultivation and manufacture of Tea. The company has estates across the best tea regions in India. In South India, its estates are spread across Sheikalmudi, Murugalli, Paralai and Iyerpadi, in the Annamalai Hills; Attikunna and Carolyn, in the Nilgiris–Wayanad region; and in Assam, at Deckiajuli, along the banks of the river Brahmaputra. These estates produce some of the finest Indian teas. Parry Agro estates spread over 3,210 hectares and produce around 14 million kilograms annually.
The company is one of the pioneers in organic tea cultivation and is known for its sustainable cultivation techniques. The company has segregated buffer zones and zero-tolerance for anything inorganic, and use bio-nutrients and repellents, and practice natural pest-control methods.
With consistent quality Parry Agro is amongst the few plantation Companies in the world with a dedicated R&D, accredited with a NABL certification, for chemical and microbial testing facilities. Over the last five decades, the brand has been reputed as one of the premier tea growers has been well established across the globe.
| Total Available Shares Parry Agro Industries: | 37,56,816 |
| Face Value Parry Agro Industries : | Rs. 10 Per Equity Share |
| ISIN Parry Agro Industries : | INE361N01011 |
| PAN No of Parry Agro Industries: | AAFCP9414M |
| Lot Size of Parry Agro Industries: | 25 Shares |
| Last Traded Price of Parry Agro Industries: | Rs. 1200 |
| Date of Delisting of Parry Agro Industries: | 05-Jun-08 |
| Rate of Delisting of Parry Agro Industries: | Rs.1922.27 |
| Reason of Delisting of Parry Agro Industries: | SEBI (Delisting of Securities) Guidelines 2006 |
CIN of Parry Agro Industries |
U01132TN2011PLC079800 |
Registration Date of Parry Agro Industries |
23rd March 2011 |
Category/Sub-category of Parry Agro Industries |
Company Limited by Shares / Indian Non-Government Company |
Parry Agro Industries Registered office address and contact details |
Parry House, 5th floor, No.43, Moore Street, Chennai -600 001. Tel. : + 91 044 2530 6852 |
Parry Agro Industries Registrar and Transfer Agent address and contact details |
KFin Technologies Private Limited (formerly Karvy Fintech Private Limited) Karvy Selenium, Tower B, Plot No.31 & 32, Gachibowli, Financial District, Nanakramguda, Hyderabad - 500 032. Tel : + 91 40 2342 0815 - 24 Toll-Free: 1 - 800 3454001 |
|
Name and Description of main products/services |
NIC Code of the product/service |
% to total turnover of the Company |
|
Manufacturing and selling of Tea |
10791 |
100% |
Mr. M.M. Venkatachalam (Non-Executive Chairman)
Mr. Ramesh Rajah (Non-Executive Director)
Mr. Nandlal Ganguli (Independent Director)
Mr. Ramesh K B Menon (Independent Director)
Mr. T. Jayaraman (Independent Director)
Mr. A. Sridhar (Additional Director)
|
Name of the Company |
% of shares held |
|
Ambadi Investments Limited |
77.92% |
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1 |
AMBADI INVESTMENTS LIMITED |
29,27,378 |
77.92% |
|
2 |
M A M ARUNACHALAM |
66,446 |
1.77% |
|
3 |
A VENKATACHALAM |
34,096 |
0.91% |
|
4 |
A VELLAYAN |
33,946 |
0.9% |
|
5 |
OTHER PROMOTERS |
4,93,646 |
13.14% |
|
6 |
PUBLIC SHAREHOLDING |
2,01,304 |
5.36% |
|
|
Total |
37,56,816 |
100 |
India is the second-largest producer of Tea in the world. Not only that, but India is also a leading consumer of Tea. Indian Tea is considered to be the finest tea in the world. North East and North Bengal are known to be the main tea-growing regions of India. However, Tea is also grown in Nilgiris in South India at a very large level. Assam is the largest tea-producing state of India followed by West Bengal. South India accounts for 1/5th of the industry. India produces various varieties of Tea including CTC Tea, Orthodox Tea, Green Tea, etc.
Total Tea exports in FY 2020 stood at US$ 826.47 million as against US$ 830.90 million in FY 2019. India attained the highest exports of Tea in the year 2017. However, India does not export much in the case of Tea, as around 80% of the produce is consumed in the country only. India is the world leader in the production and consumption of tea for the last 150 years. India is the 4th largest exporter of tea after Kenya, China, and Sri Lanka. But in 2019, India became the 2nd largest tea producer in the world and produced around 1,339.70 million kg. India accounts for around 31% of the world’s production of Tea. In January 2021, India produced 16.05 million kg of tea.
The tea market is growing significantly in India. It is projected to grow at a CAGR of 4.2% from 2021 to 2026. Indian Government has established the ‘Tea Board of India’ in 1954. It performs developmental and regulatory functions of the tea industry in India. It also undertakes direct promotional activities for tea producers of India.
