Calcutta, July 4 :    Calcutta, July 4:  Eveready Industries India Limited has decided to sell its Pabhoi tea estate in Assam to Narsinghpore Tea Company at a consideration of Rs 12.31 crore. Confirming the move, A. Chakravarti, director and secretary of EIIL said this garden belonged to Bishnauth Tea Limited before it was merged with EIIL. The proceeds from the sale of the te estate will help the company to repay its debt which in turn would help it to reduce the interest burden. The sale of this tea estate will reduce EIIL's number of gardens to 31. EIIL had already sold four of its Darjeeling gardens, one in Assam and another one in Dooars. Towards the end of the last year, EIIL had announced that it would dispose of some of its unprofitable estates which were not giving adequate returns. Bishnauth Tea on the other hand sold two estates in Assam earlier. EIIL, a B.M. Khaitan group company had amalgamated Bishanuth Tea with effect from April 1, 2000.