Joonktollee Tea & Industries completes acquisition of Keshava Plantations

Image
Capital Market
Last Updated : Apr 06 2016 | 12:04 AM IST

On 05 April 2016

Joonktollee Tea & Industries has completed on 05 April 2016 the acquisition of 80,000 Equity Shares of Rs.100/- each being 100% paid-up share capital of Keshava Plantations owning Azizbagh Tea Estate at Assam in terms of the Share Purchase Agreement dated 02 December 2015 at a consideration of Rs.27.50 crore.

By virtue of completion of the aforesaid transaction, Keshava Plantations has become wholly-owned subsidiary of the Company w.e.f. 05 April 2016.

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 05 2016 | 5:09 PM IST

Next Story