In continuation of our intimation dated 04.04.2026, pursuant to Regulation 30 of SEBI (LODR) , Regulations 2015, we are submitting herewith enclosed attachments.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Terai Tea Company Ltd has disclosed the sale of its 47.73% equity stake in associate company Terai Dooars Tea Co. Pvt Ltd to Mr. Uday Narayan Sharma. The transaction was completed on March 30, 2026. Total consideration received was INR 1,70,62,500 (approximately 1.71 crore) for 2,62,500 equity shares. The associate contributed INR 417.95 lakhs (4.06%) to the company's turnover and INR 198.97 lakhs (1.93%) to net worth in the last financial year. The filing notes the disclosure was delayed beyond the prescribed timeline, hence the corrigendum. The buyer is not related to the promoter or promoter group.
The divestiture of this associate is relatively small (under 5% of revenue and 2% of net assets), so the direct financial impact on Terai Tea is limited. However, it reduces the group's operational footprint and investors should monitor if further divestitures follow.