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Incorporated in 1998, McLeod RusselIndia Ltd is in the business of cultivationand manufacturing of tea
McLeod Russel's board approved Q1FY27 consolidated results, reporting a Rs 13.38 Cr loss. Auditors issued an adverse conclusion citing unprovided ICDs and unrecorded interest. The company is progressing on debt restructuring and approved asset sales of ~Rs 149.21 Cr, crucial for its going concern.