Carbon Resources Acquires 5.03% Stake in McLeod Russel India

1 min read     Updated on 30 Oct 2025, 09:41 AM
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Reviewed by
Riya DeyScanX News Team
Overview

Carbon Resources Private Limited has acquired a 5.03% stake in McLeod Russel (India) Limited, one of India's leading tea producers. The transaction, which took place on September 16, 2022, involved the purchase of 52,50,000 equity shares through open market transactions. This marks Carbon Resources' entry into McLeod Russel's shareholding structure, as they previously held no shares in the company. Carbon Resources is not part of McLeod Russel's promoter group, suggesting this is a strategic investment. McLeod Russel's shares are listed on both BSE Limited and the National Stock Exchange of India Limited.

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*this image is generated using AI for illustrative purposes only.

McLeod Russel (India) Limited, one of India's prominent tea producers, has seen a significant change in its shareholding structure. Carbon Resources Private Limited has acquired a substantial stake in the company through a transaction that took place on September 16, 2022.

Key Details of the Acquisition

Aspect Details
Acquirer Carbon Resources Private Limited
Target Company McLeod Russel (India) Limited
Shares Acquired 52,50,000 equity shares
Acquisition Method Open market transactions
Stake Percentage 5.03%
Total Share Capital 10,44,55,735 equity shares
Date of Transaction September 16, 2022

Implications and Context

This acquisition marks Carbon Resources' entry into McLeod Russel's shareholding structure. Prior to this transaction, Carbon Resources held no shares in the tea company, making this a new addition to McLeod Russel's investor base.

It's important to note that Carbon Resources is not part of McLeod Russel's promoter group. This distinction suggests that the acquisition is likely a strategic investment rather than an internal restructuring of ownership.

Market Presence

McLeod Russel maintains a strong market presence with its shares listed on two of India's major stock exchanges:

  1. BSE Limited (formerly Bombay Stock Exchange)
  2. National Stock Exchange of India Limited (NSE)

This dual listing provides investors with liquidity and trading options across India's primary stock markets.

The acquisition by Carbon Resources may indicate increased investor interest in the tea sector or specifically in McLeod Russel's operations. However, the long-term implications of this stake purchase on McLeod Russel's business strategy or performance are yet to be determined.

Historical Stock Returns for McLeod Russel

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McLeod Russel India to Consider Q1 Results and Delisting from Calcutta Stock Exchange

1 min read     Updated on 08 Aug 2025, 04:32 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

McLeod Russel India Limited has scheduled a board meeting for August 14, 2025, in Kolkata. The agenda includes reviewing unaudited financial results for Q1 ending June 30, 2025, and considering voluntary delisting from the Calcutta Stock Exchange. The company will maintain listings on BSE and NSE. A trading window closure for insiders is in effect from July 1, 2025, until 48 hours post-results publication.

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*this image is generated using AI for illustrative purposes only.

McLeod Russel India Limited , a prominent player in the tea industry, has announced a crucial board meeting scheduled for August 14, 2025, at its registered office in Kolkata. The meeting agenda includes two significant items that could impact the company's financial reporting and stock market presence.

Financial Results Review

The board of directors will convene to consider and approve the unaudited financial results for the quarter ended June 30, 2025. This review will encompass both standalone and consolidated figures, providing a comprehensive view of the company's financial performance for the first quarter of the fiscal year 2025-2026.

Potential Delisting from Calcutta Stock Exchange

In a move that could alter the company's stock market footprint, the board will also deliberate on the voluntary delisting of McLeod Russel India's equity shares from the Calcutta Stock Exchange Limited. This consideration comes while the company maintains its listing on other major exchanges, including the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).

Trading Window Closure

In line with regulatory requirements and to ensure fair trading practices, McLeod Russel India has implemented a trading window closure for insiders. The closure, which began on July 1, 2025, will remain in effect until 48 hours after the publication of the financial results. This measure is in accordance with the company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders / Designated Persons.

Additional Details from LODR Filing

The company's recent LODR (Listing Obligations and Disclosure Requirements) filing, dated August 8, 2025, provides further context to the upcoming board meeting. The filing, signed by Company Secretary Alok Kumar Samant, confirms the meeting details and agenda items, emphasizing the company's commitment to transparency in its corporate actions.

McLeod Russel India's decision to consider delisting from the Calcutta Stock Exchange while maintaining presence on the BSE and NSE suggests a strategic realignment of its stock market participation. Investors and market watchers will be keenly awaiting the outcomes of this board meeting, particularly the Q1 financial results and the final decision on the potential delisting.

As the tea industry continues to navigate global market dynamics, McLeod Russel India's financial performance and strategic decisions will be closely monitored by stakeholders in the coming weeks.

Historical Stock Returns for McLeod Russel

1 Day5 Days1 Month6 Months1 Year5 Years
+1.99%-5.96%+47.05%+95.17%+102.96%+242.93%
McLeod Russel
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