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Goodricke Group merger & restructuring announcements

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18:05 IST BSE
Merger & RestructuringGoodricke Group Ltd GOODRICKE

Goodricke Group Merger & Restructuring Worth ₹19 Cr

Goodricke Group Limited executed a non-binding MoU to sell its Chalouni Tea Estate for ₹19 Crore to Mr. Ashok Kumar Goyal and Mrs. Suman Goyal. The unit contributed 1.9% of total turnover in FY25. The transaction is expected to conclude by May 15, 2026, following due diligence.

Value
₹19.00 Cr
Execution
On or before 15th May, 2026