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Mcleod Russel India Ltd. - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

| Updated on April 22, 2019 Published on April 22, 2019

We, in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, hereby inform you that the Company has executed an Agreement for sale of Specified Assets of Addabarie Tea Estate, Mahakali Tea Estate and Dirai Tea Estate
of the Company, with Luxmi Tea Company Private Limited on 22nd April, 2019, subject to approval of appropriate Authorities.Earlier, the Company had entered into a Non-Binding term sheet with Saffron Enclave
Private Limited inter alia for sale of specified assets of the aforesaid three estates, which has expired on 31st March, 2019. Please find attached our disclosure in this respect in terms of the SEBI Circular No.
CIR/CFD/CMD/4/ 2015 dated 9th September, 2015.

Pdf Link: Mcleod Russel India Ltd. - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

Source : BSE - www.bseindia.com

Published on April 22, 2019
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