Dhunseri Tea & Industries has informed about a copy of Postal Ballot Notice dated 24th May, 2019 together with explanatory statement, seeking approval of the Members for authorizing the Board of Directors of the Company to sell the Company’s branded tea business presently being undertaken under its brand names ‘LALGHORA’ and ‘KALAGHORA’ to Tata Global Beverages Limited for an aggregate consideration of approximately Rs 101 Crore subject to agreed adjustments, if any. A specimen Postal Ballot Form is also enclosed.
The above information is a part of company’s filings submitted to BSE.
