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Jul 20, 2013, 05.40 PM IST | Source: Moneycontrol.com

Asian Tea Company not a subsidiary: Asian Tea & Exports

Asian Tea & Exports Ltd has informed BSE that the Company's shareholding in M/s. Asian Tea Company Private Limited has reduced from 50.16% to 50% due to further allotment of shares to other shareholder. Further, Asian Tea Company Private Limited will not be treated as subsidiary of the Company w.e.f. July 18, 2013.

Asian Tea & Exports Ltd has informed BSE that the Company's shareholding in M/s. Asian Tea Company Private Limited has reduced from 50.16% to 50% due to further allotment of shares to other shareholder. Further, Asian Tea Company Private Limited will not be treated as subsidiary of the Company w.e.f. July 18, 2013.Source : BSE

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