Mcleod Russel: Rupajuli Tea Estate MOU Rights Assigned

Mcleod Russel India Ltd announced the assignment of rights and interests under a Memorandum of Understanding (MOU) dated April 27, 2026, concerning Rupajuli Tea Estate. The original purchaser, Khona Tea Estate LLP, has transferred its rights, responsibilities, and entitlements under the MOU to Rupajuli Tea Estate LLP. Both entities are under the same management, and this assignment is for administrative convenience. The commercial understanding and principal terms of the MOU remain unchanged, with Rupajuli Tea Estate LLP now assuming the purchaser's obligations. The company's Board Committee for Disposal of Assets of Tea Estates approved this assignment on September 9, 2026.