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Dhunseri Tea’s arm acquires step down subsidiary

11 Feb 2020 Evaluate

Dhunseri Tea & Industries’ wholly owned subsidiary -- MakandiTea &Coffee Estates has acquired a step down wholly owned subsidiary by the name or Nitambi Estate (NEL) located at Malawi. The company has acquired 4001 Ordinary shares of NEL each of 2K (Kawcha) at cost of $13,21,000 including deferred cost of $5,71,000 to be paid over a period of 7 years. 

Dhunseri Tea and Industries is engaged in tea production. It provides packaging and blending units are located in Dhunseri Tea Estate (Assam) and at Jaipur (Rajasthan).

Dhunseri Tea Share Price

144.00 -2.35 (-1.61%)
21-Apr-2026 12:44 View Price Chart
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