Williamson Magor & Company has received an approval to sell 51% shareholding of the company in its subsidiaries i.e. Woodside Parks and Majerhat Estates & Developers. The board at its meeting held on January 25, 2013, has approved the same.
Williamson Magor & Company produces an output of 30 million Kg of tea per year from its 23 tea estates in Assam and 5 million Kg from its 5 tea estates in Dooars.