Dhunseri Investments Limited — Important, 21-02-2025: Memorandum of Understanding/Agreements

Dhunseri Investments has entered into a Memorandum of Understanding (MoU) for the sale of the Hatibari Tea Factory to M/s. Hatibari Tea Company for ₹6.3 Crore, with completion expected by the end of March 2025. The factory contributed 15.01% to the company’s turnover last fiscal year, totaling ₹7.03 Crore. This strategic divestment could streamline operations and bolster the company's financial position, potentially enhancing investor sentiment as it signals a focus on core activities. The buyer is not affiliated with the promoter group, ensuring the transaction is at arm's length, mitigating potential concerns regarding governance.