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Gillanders Arbuthnot inks pact to sell tea estates

02 Mar 2020 Evaluate

Gillanders Arbuthnot and Company has entered into an agreement for sale of tea estates, with Jutlibari Tea and Plantations LLP, Assam, on February 28, 2020. The consideration to be received from the sale is Rs 15.90 crore.

Gillanders Arbuthnot & Company’s business interests covers areas of tea, textile, chemicals, paints, real estate etc.

Peers
Company Name CMP
Grasim Industries 3173.00
DCM Shriram 977.20
3M India 34561.90
Hindustan Foods 618.85
Balmer Lawrie & Co 164.30
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