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IN BRIEF: Camellia subsidiary proposes sale of Chulsa Tea Estate

12th Feb 2025 13:27

Camellia PLC - Kent, England-based agriculture and engineering services firm - Notes that its Indian subsidiary, Goodricke Group Ltd, has proposed the sale of its Chulsa tea estate for around INR181 million, or around GBP1.7 million. It expects the disposal to complete on or around March 15, subject to entering into a final sales agreement, and satisfying all due diligence and customary conditions.

Current stock price: 4,700.00 pence, down 0.8% in London on Wednesday afternoon

12-month change: up 5.4%

By Emily Parsons, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.

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