Proposed Sale of Barnesbeg Tea Estate
Camellia Plc has announced a proposed sale of its Barnesbeg Tea Estate through its 74% owned Indian subsidiary, Goodricke Group Limited, for 50 million Indian Rupees, subject to due diligence. This potential transaction, which was the subject of a memorandum of understanding signed on 29 October 2026, will be further announced if completion occurs.
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Camellia notes the announcement by Goodricke Group Limited (a 74% owned Indian subsidiary of Camellia) on 29 October 2026 to the Bombay Stock Exchange, of the signing of a memorandum of understanding in connection with the proposed sale of its Barnsebeg Tea Estate for 50 million Indian Rupees, subject to due diligence. A further announcement will be made if completion occurs.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.