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Mcleod Russel India Ltd
Business  /  Published 29.06.20

Khaitan lenders offload shares

Taking advantage of a recent spurt in the stock prices of three frontline manufacturing companies of Calcutta’s Khaitan family, lenders have started invoking pledged shares again.DMI Finance Private...
By Sambit Saha in Calcutta

Business  /  Published 19.02.20

McLeod Russel fails to repay loan

Embattled bulk tea producer McLeod Russel has disclosed that it has defaulted in servicing loans worth Rs 1,187.09 crore at the end of the third quarter.In a communication to the stock exchanges, the ...
By in Calcutta

Business  /  Published 01.12.19

Breather for Khaitans

An injunction on the sale of assets by McLeod Russel India Ltd (MRIL) and Eveready Industries Ltd has been lifted by a division bench of Calcutta High Court, paving way for the promoter Khaitan family...
By Sambit Saha in Calcutta

Business  /  Published 28.10.19

Khaitan control wanes

Promoters’ holding in two key manufacturing companies of Williamson Magor Group — Eveready Industries and McLeod Russel India Ltd — witnessed a sharp decline in the first six months of the fisc...
By Sambit Saha in Calcutta

Business  /  Published 11.09.19

McLeod resolutions nixed

Shareholders of bulk tea producer Mcleod Russel India Ltd (MRIL) have not given their assent to the special resolutions introduced at the company’s 21st Annual General Meeting held on Monday.The com...
By TT Bureau in Calcutta

Business  /  Published 08.09.19

Debt recast prescribed for McLeod

ICICI Bank, the lead lender to troubled bulk tea producer McLeod Russel India Ltd (MRIL), has appointed SBI Capital Markets to carry out a comprehensive restructuring of McLeod’s debt .SBI Caps is m...
By Sambit Saha in Calcutta

Business  /  Published 21.07.19

Deloitte drops Magor duo audit jobs

Deloitte Haskins & Sells has resigned as the statutory auditors of McLeod Russel India Ltd & McNally Bharat Engineering Co Ltd, weeks after raising a stink on the annual financial statements o...
By Sambit Saha in Calcutta

Business  /  Published 15.07.19

McLeod faces NCLT test

A creditor has hauled McLeod Russel India Ltd before the National Company Law Tribunal in an attempt to initiate a corporate insolvency resolution process (CIRP) against the firm under the Insolvency ...
By Sambit Saha in Calcutta


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