Business
Proposed Sale of Chalouni Tea Estate
Camellia Plc has announced a proposed sale of its Chalouni Tea Estate through its 74% owned Indian subsidiary, Goodricke Group Limited, for 190 million Indian Rupees, pending due diligence. Disclaimer*
About this update from Camellia Plc
[{"type":"text","content":"\n\n7 April 2026\nCamellia Plc\n('Camellia', the 'Company')\nProposed Sale of Chalouni Tea Estate\n \nCamellia notes the announcement by Goodricke Group Limited (a 74% owned Indian subsidiary of Camellia) on 6 April 2026 to the Bombay Stock Exchange, of the signing of a memorandum of understanding in connection with the proposed sale of its Chalouni Tea Estate for 190 million Indian Rupees, subject to due diligence. A further announcement will be made if completion occurs.\n \nEnquiries:\nCamellia Plc 01622 746655 /\[email protected]\nByron Coombs, Chief Executive\nOliver Capon, Chief Financial Officer \nPanmure Liberum (Nominated Adviser and Broker) 020 7886 2500 \nEmma Earl / Will Goode\nRupert Dearden \nEquitory Limited (Investor Relations) 07909918034\nCatherine Miles\nH/Advisers Maitland (Financial PR) 07785 292617 \nWilliam Clutterbuck \nInvestors can register to receive updates and news from the Company by registering their email address at [email protected].\n \nAbout Camellia:\nCamellia Plc is the ultimate holding company of a group of agricultural businesses incorporated in jurisdictions across the world (the 'Operating Companies'), while also owning and operating other assets outside of agriculture.\nCamellia's purpose is to grow and nurture agricultur...