Joonktollee Tea & Industries has entered into a Share Purchase Agreement(SPA) for acquiring 100% equity shares of Keshava Plantations with the Chaliha family for acquisition of Azizbagh Tea Estate in Assam with factory for a consideration of Rs. 27.50 crores. Acquisition will be completed before March, 2016.
On 6th August, 1874 John Elliot Esq. promoted Joonktollee Tea Co. Ltd. to manage the affairs of a small Tea Estate in Upper Assam. That name is today synonymous with premium Black and Green Teas.
