McLeod Russel India board approves execution of agreement with Carbon Resources for one-time settlement of debt
McLeod's debt currently stands at over 1,700 crore21-01-2023
21-01-2023
MCLEOD RUSSEL INDIA LTD. - 532654 - Board Meeting Outcome for Outcome Of The Adjourned Board Meeting
Outcome of the Adjourned Board Meeting21-01-2023
MCLEOD RUSSEL INDIA LTD. - 532654 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation regarding issue of Duplicate Share Certificate under Regulation 39 (3) of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 201519-01-2023
MCLEOD RUSSEL INDIA LTD. - 532654 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
CERTIFICATE UNDER REGULATION 74(5) OF THE SEBI (DEPOSITORIES AND PARTICIPANTS) REGULATIONS, 2018 FOR THE QUARTER ENDED 31ST DECEMBER 202209-01-2023
MCLEOD RUSSEL INDIA LTD. - 532654 - Closure of Trading Window
Intimation regarding Closure of Trading Window30-12-2022
MCLEOD RUSSEL INDIA LTD. - 532654 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Notice of Postal Ballot - Newspaper Publication30-12-2022
MCLEOD RUSSEL INDIA LTD. - 532654 - Announcement under Regulation 30 (LODR)-Change in Directorate
APPOINTMENT OF WOMAN INDEPENDENT DIRECTOR30-12-2022
MCLEOD RUSSEL INDIA LTD. - 532654 - Board Meeting Outcome for OUTCOME OF BOARD MEETING
OUTCOME OF BOARD MEETING30-12-2022
McLeod negotiates with investors to monetise assets, infuse fresh capital
As part of the restructuring with secured lenders, debt-laden McLeod Russel India Ltd is in the process of negotiating with "multiple investors" to monetise assets and infuse fresh capital, but these talks are still in the fluid stages and nothing has been finalised, an official with the bulk tea major said. The final third credit rating of the company, which was delayed due to the Covid pandemic, is likely to be submitted by January 10, the official said. The BM Khaitan family, the existing promoters of McLeod Russel, however, still remain hopeful of retaining the management control of the company that produces 73 million kg of tea from a few dozen of gardens mostly in Assam and also in Africa and Vietnam. "We are holding talks with several investors to monetise assets and infusion of fresh capital as part of the ongoing debt restructuring. Nothing has been finalised yet. Once finalised, the plan will be put before the board of directors and then we will be able to discuss the...28-12-2022