Dhunseri Petrochem & Tea has redeemed 75 Zero Coupon Unsecured FCCBs of $100,000 each aggregating to $7,500,000 which were outstanding on January 23, 2013. With this redemption, there are no FCCBs outstanding in the books of the company.
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.