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Lykis sells entire 33.33% stake of Lyfresh

03 Aug 2018 Evaluate

Lykis has sold of its total investment of 33.33% of its fully paid up capital of Lyfresh, subject to which Lyfresh ceased to be an associate company with effect from August 01, 2018.

Lykis (formerly known as Greenline Tea & Exports Ltd.) was incorporated on 15th October 1984. They were formed with the object of managing Tea plantation, manufacture of quality tea and sale and export of the tea in both domestic and overseas markets.

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