Mcleod Russel India Limited
Business  /  Published 21.12.21

McLeod upbeat on debt recast

The top management of McLeod Russel tried to soothe worries of the company’s shareholders by assuring them that the long-awaited debt restructuring proposal would be ready in the next few months...
By Our Special Correspondent in Calcutta

Business  /  Published 06.11.21

Bankers sign McLeod debt recast deal

Bankers to troubled tea planter McLeod Russel India Ltd have finally come on board to restructure the outstanding debt of the company under a Reserve Bank of India (RBI)-mandated framework, marking a ...
By Sambit Saha in Calcutta

Business  /  Published 02.09.21

Khaitans poised to settle McLeod Russel row

The Khaitans of McLeod Russel India Ltd and P.P. Gupta of Techno Electric & Engineering Company Ltd are close to reaching a settlement, raising the hope that India’s largest bulk tea produce...
By Sambit Saha

Business  /  Published 26.08.21

McLeod refutes defaulter charge

McLeod Russel and its creditor, Techno Electric and Engineering Co Ltd, squared off for battle before the national company law appellate tribunal (NCLAT) today to determine whether or not the country&...
By Sambit Saha in Calcutta

Business  /  Published 15.07.21

Khaitan stake in McLeod falls

The promoter holding in McLeod Russel India Ltd (MRIL), the largest bulk tea producer in the country, has fallen to 10.07 per cent at the end of the June quarter. The Khaitan family of Williamson Mag...
By Our Special Correspondent in Calcutta

Business  /  Published 14.04.21

Niraj Shah hikes McLeod stake to 7 per cent

Mumbai-based investor Niraj Rajnikant Shah has scooped up a little more than a 2 per cent stake in bulk tea producer McLeod Russel India Ltd, taking his holding in the Khaitan family promoted company ...
By Sambit Saha in Calcutta

Business  /  Published 04.07.19

Yes Bank picks up 9.47% in Eveready

Yes Bank has acquired a 9.47 per cent stake in battery and flashlight maker Eveready Industries, invoking pledged shares on account of default of group company Mcleod Russel India Limited.The bank on ...
By TT Bureau in Calcutta


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