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Warren Tea to dispose Sealkotee Tea Estate in Assam

21 Dec 2019 Evaluate

Warren Tea has decided to dispose Sealkotee Tea Estate situated in Assam. For the said purpose the Company has entered into a Memorandum of Understanding with Swananda Tea at Kolkata on December 20, 2019. Swananda Tea is engaged in tea business. The consideration to be received from the sale / disposal is Rs 19.01 crore.

Warren Tea is engaged in the integrated process of growing, harvesting, manufacturing and sale of black tea and travel related activities.

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