McLeod Russel Signs ₹22.75 Crore MoU To Sell Tarajulie Estate

McLeod Russel entered an MoU to sell Tarajulie Tea Estate to non-promoter buyer Jaynath Tea Estate for ₹22.75 crore, representing 1.57% of FY26 turnover, with completion targeted by 31 October 2026. Proceeds are intended for NARCL debt part-payment, subject to due diligence, shareholder and statutory approvals. Context: extends the company's estate-monetisation process.