Assam Co. to sell tea estate to repay FCCB holders

21 May, 2012

Debt-laden Assam Co., a BSE-listed tea manufacturer, is looking to sell its biggest tea estate at Salonah, the company’s board of directors agreed on Thursday. The company has 17 gardens producing over 15 million kg of tea annually.


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Assam Co. to sell tea estate to repay FCCB holders

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