Sale21 May 2026, 05:41 pm
Goodricke Group Executes Agreement for Sale of Chalouni Tea Estate
AI Summary
Goodricke Group Ltd has executed an Agreement for Sale with M/s Chalouni Plantation Pvt. Ltd. for the transfer of Estates, Bearer Plants, and Specified Assets comprising the Chalouni Tea Estate. This follows a due diligence process by the buyer. Possession of the assets has been transferred to the buyer, while the transfer of leasehold rights is subject to the approval of the West Bengal Government. Detailed information regarding the transaction was previously disclosed on April 6, 2026.
Key Highlights
- Goodricke Group executes sale agreement for Chalouni Tea Estate.
- Buyer is M/s Chalouni Plantation Pvt. Ltd.
- Possession of assets transferred to the buyer.
- Leasehold rights transfer subject to West Bengal Govt approval.
- Transaction details previously disclosed on April 6, 2026.
Price Impact
More from GOODRICKE