Latest news about Goodricke Group
Goodricke Group
176.75
+1.15(+0.65%)
Company Performance:
View Company Insights1D+0.65%
1M-6.08%
6M+5.30%
1Y-18.64%
5Y-36.25%
More news about Goodricke Group
07Apr 26
Goodricke Group Limited Signs Non-Binding MoU for Sale of Chalouni Tea Estate Worth Rs. 19.00 Crore
Goodricke Group Limited executed a non-binding MoU on April 6, 2026, for the sale of Chalouni Tea Estate to Mr. Ashok Kumar Goyal and Mrs. Suman Goyal for Rs. 19.00 crore. The estate contributed Rs. 17.39 crore revenue in FY25, representing 1.9% of total turnover and 5% of net worth. The definitive agreement is expected by May 15, 2026, subject to due diligence completion.
01Apr 26
Goodricke Group Cancels Non-Binding MoU for Barnesbeg Tea Estate Sale
Goodricke Group Limited has cancelled its non-binding MoU with Mr. Akshay Shankar Das for the sale of Barnesbeg Tea Estate due to alignment issues during due diligence. The original agreement dated 20th February, 2026, was terminated by mutual understanding on 31st March, 2026. The company confirmed no material financial impact from the cancellation and made the disclosure in compliance with SEBI regulations.
07Feb 26
Goodricke Group Limited Reports Strong Q3FY26 Performance with Revenue of ₹306.37 Crores
Goodricke Group Limited reported impressive Q3FY26 results with revenue of ₹306.37 crores and net profit of ₹8.04 crores, marking a complete turnaround from previous year's losses. The company achieved earnings per share of ₹3.72 compared to negative ₹7.47 in Q3FY24, while nine-month revenue reached ₹697.44 crores with net profit of ₹54.76 crores, demonstrating strong operational recovery and sustainable business momentum.
05Jan 26
Goodricke Group Completes Postal Ballot with Overwhelming Shareholder Approval
Goodricke Group Limited successfully completed its postal ballot process with overwhelming shareholder support, achieving over 99% approval for all three resolutions including strategic tea estate divestment and key management appointments. The process was conducted with full regulatory compliance and scrutinized by Anjan Kumar Roy & Co.
04Jul 25
Goodricke Group to Divest Leesh River Tea Estate
Goodricke Group has signed an agreement to sell its Leesh River Tea Estate. The buyer's identity and financial terms of the sale remain undisclosed. This move suggests a strategic decision in the company's asset management, potentially signaling a realignment of its tea estate portfolio or efforts to optimize operations.
16Apr 25
Goodricke Group Signs MOU for Potential Sale of Leesh River Tea Estate at ₹26.5 Crore
Goodricke Group Limited has signed a non-binding MOU with Sombaria Agri Products Private Limited to potentially sell its Leesh River Tea Estate for ₹26.50 crore. The estate contributed 3.43% to the company's revenue in FY 2023-24 and produces 9.10 lakh kgs of tea annually. The transaction, expected to complete by May 31, 2025, is subject to due diligence and necessary approvals. The Board of Directors approved the MOU on April 14, 2025.
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