Joint Venture6 Apr 2026, 12:21 pm
Terai Tea Company Ltd Transfers 47.73% Share Holdings in Associate Company
AI Summary
Terai Tea Company Ltd has transferred the 47.73% share holdings held in its associate company, Terai Dooars Tea Co. Pvt Ltd, to Mr. Uday Narayan Sharma. This transaction resulted in Terai Dooars Tea Co. Pvt Ltd ceasing to be an associate of Terai Tea Company Limited. The transaction took place on March 30, 2026, but was inadvertently not intimated to the Stock Exchange within the prescribed timeline. The details of the transaction are provided in Annexure A.
Key Highlights
- Terai Tea Company Ltd transferred 47.73% share holdings in Terai Dooars Tea Co. Pvt Ltd to Mr. Uday Narayan Sharma
- Terai Dooars Tea Co. Pvt Ltd ceased to be an associate of Terai Tea Company Limited
- The transaction took place on March 30, 2026
- The transaction was not intimated to the Stock Exchange within the prescribed timeline
- The details of the transaction are provided in Annexure A
Price Impact
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