Carbon Resources Acquires 5.03% Stake in McLeod Russel India
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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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:
- BSE Limited (formerly Bombay Stock Exchange)
- 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
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.99% | -5.96% | +47.05% | +95.17% | +102.96% | +242.93% |





























