Kolkata-based Dhunseri Petrochem and Tea Ltd said it has acquired the tea factory of Primax Tea Pvt Ltd. No financial details were provided.
"The company has purchased and taken possession of the tea factory of Primax Tea Pvt Ltd as per the agreement executed with them," the company said in a filing to the Bombay Stock Exchange (BSE).
The new factory's capacity will be expanded to 16 lakh kg per annum during winter from the existing 10 lakh kg per annum, it said.
On Thursday, Dhunseri Petrochem increased 1.53% to Rs212.95 on the BSE, while the benchmark Sensex closed 0.72% up at 19,992.70 points.
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