ALPHA TRIBE

Naga Dhunseri Group LimitedImportant, 10-03-2025: General Updates

10-03-2025 | 06:14 pm

Naga Dhunseri Group Limited has acquired 48,09,595 equity shares of Dhunseri Tea and Industries Limited (DTIL), representing 45.77% of its total issued capital from Dhunseri Investments Limited. Following this transaction, Naga Dhunseri now holds a 54.56% stake in DTIL, which has thus become a subsidiary. Concurrently, the company disposed of 30,78,759 equity shares of Dhunseri Ventures Limited, equating to 8.79% of the total issued capital, back to Dhunseri Investments. This strategic shift enhances Naga Dhunseri's control over DTIL, likely positioning the company for stronger growth and operational efficiencies in the tea sector. Investors should monitor the development for future growth potential.

No comments yet. Be the first to comment!

All announcements from Naga Dhunseri Group Limited