Joonktollee Tea & Industries has sold 47.10% shareholding in Pranav Infradev Company (PICPL), a wholly-owned material subsidiary of the Company, for a consideration of Rs 19.55 crore to Promoter/Promoter Group/other Related Parties. Pranav Infradev Company continues to be a Subsidiary of the Company.
Joonktollee Tea & Industries is a leader in producing quality teas.Apart from tea the company also deals in other plantation crops, viz., coffee, pepper, cardamom, areca, vanilla etc. The company is also in the business activities of Tea, Rubber, Coffee.
