Parry Agro Share Price

Parry Agro Industries Limited Delisted Share - Company Overview

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.

Parry Agro Industries Limited Delisted Share Details as of March 31, 2023

Parry Agro Industries Limited Incorporation Details

Parry Agro Industries Limited Principal Business Activities

Parry Agro Industries Limited Board of Directors

Mr. M.M. Venkatachalam, Non-Executive Chairman

Mr. Sridharan Rangarajan, Director

Mr. Sathia Jeeva Krishnan Chidambara, Director

Mr. Ramesh K B Menon, Independent Director

Mr. T. Jayaraman, Independent Director

Mr. A. Sridhar, Additional Director 

Parry Agro Industries Particulars of Subsidiary and Associate Companies

Parry Agro Industries Limited Shareholding Pattern (As on 31-03-2023)

Industry Outlook

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.

FAQS ON PARRY AGRO INDUSTRIES LTD DELISTED STOCK 

Q1) Which group of companies does Parry agro-industries belong to?

Parry Agro Industries Limited is part of the Murugappa group which is one of the leading business houses in India.

Q2) Is Parry Agro Industries Limited listed on BSE and NSE?

NO, Parry Agro Industries Limited is not listed on BSE and NSE, it is a delisted company.

Q3) What is the main business of Parry Agro Industries Limited?

The main business of the company is the cultivation and manufacturing of Tea.

Q4) Can I buy Parry Agro Industries Limited shares?

Yes, Parry Agro Industries shares can be bought. for more information visit us at wwipl.com or contact us.

Q5)  From Where I can see Parry Agro's share price on a regular basis?

To see Parry Agro's share price on a regular basis visit us at wwipl.com or contact us