The Grob Tea Company Limited — JV/Acquisition, 01-07-2026: Acquisition

The Grob Tea Company has announced the acquisition of Bazaloni Group Limited for Rs 72.16 Cr, securing a 100% equity stake. Bazaloni, an established tea company operating a prominent estate in Assam, reported a turnover of Rs 52.78 Cr and a net profit of Rs 6.88 Cr in FY26. This strategic move aims to significantly enhance Grob Tea's growth, boost revenue, and further expand its footprint within the tea industry by making Bazaloni a wholly-owned subsidiary. This deal solidifies its market position.