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Williamson Magor & Company gets nod to sell 51% stake in its subsidiaries

25 Jan 2013 Evaluate

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.

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