Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, James Warren Tea has informed that the Board of Directors of the Company at its Meeting held on date 6th December, 2024, has considered and accorded its in-principle approval for sale of Dhoedaam 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 Agreement(s)/ Memorandum of Understanding (MOU) and documents as may be required in connection thereto. Requisite updation will be made to the Stock Exchanges as and when the buyer is finalized and Agreement(s)/ MOU is executed. The Meeting commenced at 12:30 pm and concluded at 01:45 pm.
The above information is a part of company’s filings submitted to BSE.
