MoneyWorks4Me

Dhunseri Petrochem to sell Assam tea factory to Joonktollee Tea

18 Oct 2012 Evaluate

Dhunseri Petrochem & Tea has received its board’s approval to sell of one tea factory namely, Shreemoni Tea Factory situated at P. O. Tingkhong, Assam, to Joonktollee Tea & Industries at a consideration of Rs 7.65 crore, subject to the approval of the shareholders.

Dhunseri Petrochem & Tea is the flagship company of the Kolkata based Dhunseri group belonging to Dhanuka family. The company is engaged in cultivation, manufacture and sale of tea with 11 tea gardens (all of them located in and around Assam) and manufacturing of PET resins.

Peers