In reference to letter dated 14th February, 2020 whereby Gillanders Arbuthnot & Company has informed about the principle decision of the Board of Directors of the Company to sale certain Tea Estate(s) located in India; Gillanders Arbuthnot & Company has informed that in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it has entered into an Agreement for sale with Jutlibari Tea And Plantations LLP, Assam, on 28th February, 2020. The company has attached its disclosure in terms of SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015.
The above information is a part of company’s filings submitted to BSE.