MoneyWorks4Me

Rossell India signs agreement to sell Bokakhat Tea Estates

13 Mar 2021 Evaluate

Rossell India has signed an agreement to sell its smallest property of the tea business, Bokakhat Tea Estates, situated at Jorhat in Assam, having the production base of about 4.80 lakh Kgs of Black Tea. The sale of the said tea estate shall not have any significant impact on the profitability of the company.

Rossell India was formerly Rossell Tea. The Company has diverse interests in Tea, Aviation and Hospitality.

Peers