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Incorporated in 1989, DhunseriTea & Industries Ltd is into cultivation,manufacture and sale of tea andmacadamia nuts
Dhunseri Tea & Industries Limited has informed the Exchange regarding 'Disclosure pursuant to Insider Trading Regulations'.
Dhunseri Tea & Industries sold its 'BALIJAN (NORTH) TEA ESTATE' via a Deed of Assignment to M/s. Balijan Tea Estate Company. Possession has been handed over, marking a divestment and potential streamlining of operations for Dhunseri.
Dhunseri Tea (DTIL) is investing ~₹4.2 Cr into its wholly-owned subsidiary, Dhunseri Petrochem & Tea (DPTPL), via Optional Convertible Debentures. These OCDs carry 7.50% interest and can convert into DPTPL equity, bolstering the subsidiary's financial strength.
Dhunseri Tea & Industries is investing ~₹12.45 Cr (USD 1.5 MN) in its wholly-owned subsidiary, Dhunseri Petrochem & Tea Pte Ltd., by subscribing to 5-year Optional Convertible Debentures at 7.90% p.a. This move provides capital for the subsidiary's general corporate purposes.
Dhunseri Tea (DTIL) is subscribing to Optional Convertible Debentures (OCD) worth USD 0.4 MN issued by its wholly-owned subsidiary, Dhunseri Petrochem & Tea Pte Ltd. (DPTPL). The OCDs carry a 7.50% interest and are convertible into DPTPL shares within 7 years, bolstering the subsidiary's funding.