Asian Tea & Exports has acquired 63.37% stake in Indong Tea Company at a price consideration of around Rs 1.80 crore and subsequent to such acquisition the Indong Tea Company shall be treated as subsidiary of the company.
Asian Tea is engaged in producing and exporting tea. Besides tea, the company is also engaged in manufacturing activities, trading and exports of coffee and garment. The company’s blending and packing units are located in Calcutta and Coimbatore in India.
| Company Name | CMP |
|---|---|
| Redington | 225.75 |
| Adani Enterprises | 2230.05 |
| Amrapali Industries | 17.30 |
| Rashi Peripheral | 472.55 |
| PDS | 290.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: