Carbon Resources had previously made a non-binding offer to McLeod Russel s lenders to acquire a controlling stake in the tea company and settle its dues. The Kolkata-based carbon products manufacturer had sent a Rs 1,245-crore non-binding offer to lenders.
McLeod Russel saga: Carbon Resources plans to sign new binding deal financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Carbon fiasco: McLeod Russel in a catch-22; Check details here financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.