Dhunseri Tea & Industries Limited (BSE:538902) signed a Memorandum of Understanding to acquire Balijan North Tea Estate from Dhunseri Ventures Limited (BSE:523736) for INR 270 million on December 16, 2021. Balijan North Tea Estate recorded revenue of INR 213.6 million. The transaction is expected to close on March 31, 2022.

As of January 19, 2022 Dhunseri Ventures Limited (BSE:523736) has entered into an Agreement for Sale with M/s Dhunseri Tea & Industries Limited.