
Acquisitions4 April 2026 at 11:11 am
Terai Tea Company Ltd. Disinvests 47.73% Shareholding in Associate Company
AI Summary
Terai Tea Company Limited has decided and approved to disinvest the 47.73% share holdings held in Terai Dooars Tea Co. Pvt Ltd, an Associate of the Company, to Mr. Uday Narayan Sharma. The shares shall be transferred in due course, resulting in Terai Dooars Tea Co. Pvt Ltd ceasing to be an Associate of Terai Tea Company Limited w.e.f March 30, 2026. The transaction took place on March 30, 2026, and the details are provided in Annexure A.
Key Highlights
- Terai Tea Company Ltd. disinvests 47.73% shareholding in Terai Dooars Tea Co. Pvt Ltd
- The shares will be transferred to Mr. Uday Narayan Sharma
- Terai Dooars Tea Co. Pvt Ltd ceases to be an Associate of Terai Tea Company Limited
- The transaction took place on March 30, 2026
- The transaction details are provided in Annexure A
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