McLeod Russel hands over specified assets of eight Tea Estates to M K Shah Exports

McLeod Russel India has handed over the specified assets of the eight Tea Estates of the company to M K Shah Exports. Post completion of due diligence by M K Shah Exports (Buyer) and on compliance of the conditions precedent by the company (Seller), the specified assets, being the Estates & Bearer Plants and other … Read more

Nitesh Estates inks agreement to sell 100% stake in tier II subsidiary

Nitesh Estates has entered into an agreement to sell 100% stake in step down tier II subsidiary – Nitesh Pune Mall. The company has signed the agreement with ABIL group of Pune (Ela Realty, a SPV of ABIL). NIRPL a 100% subsidiary through its step down subsidiary will exit the entire holding of this 1 … Read more

McLeod Russel hands over specified assets of Tea Estates to Luxmi Tea Company

McLeod Russel India has handed over the specified assets of the four Tea Estates of the company in favour of Luxmi Tea Company. Post completion of due diligence by Luxmi Tea Company (Buyer) and on payment of consideration by the Buyer as agreed, the specified assets, being the Estates & Bearer Plants and other Assets … Read more

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