Soon after entering into a deal with Warren Tea to buy its four tea estates in Assam, the C K Dhanuka-promoted Dhunseri Tea & Industries is set to buy another two tea gardens from Apeejay Tea Ltd, a part of the...
Dhunseri Tea to buy three tea estates of Warren Tea in Assam
Dhunseri Tea & Industries Ltd (DTIL) is set to buy three tea estates of Warren Tea in Assam – Deohall, Tara Tea and Duamara – for an estimated ₹90.80 crore. The board of DTIL on Monday approved the...
Dhunseri Tea to sell three Assam tea estates by December 2020
Dhunseri Tea & Industries, which produces more than 10 million kgs of tea annually, has entered into an agreement with Shyam Khetojan Tea Company for sale of its Khetojan tea estate in Assam. The estate is being...
Tata Global to buy Dhunseri’s branded tea business
Tata Global Beverages (TGBL) is buying Dhunseri Tea & Industries’ branded packet tea business along with its brands ‘Lal Ghora’ and ‘Kala Ghora’ for a total consideration of Rs 101 crore. TGBL said in a stock...
Warren Tea, Dhunseri vie for Assam Co
India’s oldest surviving and perhaps the most prized tea company (in terms of its assets) is set to go under the hammer. Even before the information memorandum has been circulated, the 179-year old Assam Co. India Ltd...
Dhunseri, Indorama completes formation of equal joint venture
KOLKATA: City-based Dhunseri Petrochem Ltd on Monday said it has completed the formation of an equal joint venture with Thailand’s Indorama Group — which aims to create a polyethylene terephthalate (PET) resins...
Indorama, Dhunseri Join Hands For Mutual Benefit
In November, 2015 Indorama Ventures Public Company Limited (IVL) acquired Micro Polypet Pvt. Ltd. (MPPL) the sole manufacturer of PET Ruin in North India and now equal joint venture with Dhunseri Petrochem Limited sole...
IVL set to acquire strategic stake in Dhunseri Petrochem.
Indorama Ventures (IVL), the Bangkok-headquartered polyester producer founded by billionaire Indian-origin businessman Aloke Lohia, is close to acquiring a strategic majority stake in Kolkata-based Chandra Kumar...
TATA CONSUMER PRODUCTS: FOCUSED AND EFFICIENT RESTRUCTURING
In a move towards becoming a leading Fast-Moving Consumer Goods Company (FMCG), the Board of Directors of Tata Consumer Products Limited & its subsidiary companies approved the Composite Scheme of Arrangement...
Tata Global Beverages acquires all branded food businesses from Tata Chemicals
In a major corporate restructuring, Tata Global Beverages Ltd shall acquire all the branded consumer food businesses from Tata Chemicals Ltd. in an all-stock transaction that is aimed at creating a consumer business...
NCLAT acts on Sebi plea, stays NCLT’s Assam Company takeover order
Acting upon a petition filed by the Securities Exchange Board of India (Sebi), the National Company Law Appellate Tribunal (NCLAT), has stayed till the next hearing, BRS Ventures’ Rs 12.14 billion resolution plan for...
BR Shetty set to buy Assam company for over Rs 700 crore
After months of drama in courts and allegations of favouritism by the resolution professional, tea and oil company Assam Company NSE 3.64 % (India) is finally set to be bagged by billionaire B R Shetty, three people...