MoneyWorks4Me

Malabar Trading to acquire part of factory premises on lease basis

31 Jan 2013 Evaluate

Malabar Trading Company has received an approval for acquisition of a part of factory premises along with all facilities on lease basis, which is a running unit manufacturing pharmaceutical formulations. The company would, in line with objects, undertake the manufacturing of pharmaceutical formulations, subject to all requisite approvals, if any, and matters incidental thereto. The board at its meeting held on January 30, 2013 has approved for the same.

Malabar Trading Company is primarily an online tea store offering a wide range selection of premium single estate loose leaf teas, signature chai blends, unique herbal tisanes and tea accessories.

Peers