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Rossell India informs about updates on acquisition of dhoedaam tea estate

01 Jan 2025 Evaluate
Further to letter dated 9th December, 2024, Rossell India has informed that the process of acquiring the new Tea Estate viz. Dhoedaam Tea Estate (TE), located at Dist. Tinsukia, Assam, in terms of the Agreement executed on 9th December, 2024 by the Company with James Warren Tea (Vendor), has now been completed. Accordingly, the Company has obtained the physical possession of said TE with effect from 1st January, 2025 after having paid the agreed consideration. The required information for the above acquisition as required to be furnished in accordance with the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 read with in terms of SEBI circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023, were already disclosed in letter dated 9th December, 2024.

The above information is a part of company’s filings submitted to BSE.

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