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James Warren Tea gets nod to sell Rajah Alli Tea Estate

10 Sep 2024 Evaluate

James Warren Tea has received in-principle approval for sale of Rajah Alli Tea Estate, i.e. one of the Tea Estate of the Company. For this purpose, the Board has authorized the officials of the Company to negotiate with the prospective buyers and to execute the requisite Memorandum of Understanding (MOU)/ Agreement(s) and documents as may be required in connection thereto. 

The Board of Directors of the Company at its meeting held on September 09, 2024, has considered and approved the same. 

James Warren Tea is engaged in growing, manufacturing, and marketing tea in India and offers CTC and orthodox tea products.

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