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Board approves amalgamation of Jay Shree Tea and Majhaulia Sugar April 08, 2021 × The Board of Directors of Jay Shree Tea & Industries Ltd and Majhaulia Sugar Industries Private Ltd have considered and approved the scheme of amalgamation of both the companies. Majhaulia Sugar is the wholly owned subsidiary of Jay Shree Tea & Industries and both the companies are engaged in the same sector of business, i.e. agriculture and both have common economic objective and strategic goals, the company said giving the rationale behind the amalgamation. “While the transferee company (Jay Shree Tea) is engaged in the business of cultivation, manufacture and sale of tea, the transferor company (Majhaulia) is engaged in the business of production, manufacture and sale of sugar and its by-products molasses, ethanol and bagasse. It would be advantageous to combine the activities and operations in a single company leading to strong capability in effectively meeting future challenges of comp

Majhaulia sugar industries private ltdJay shree tea industriesJay shree teaIndustries ltdஜெய் ஸ்ரீ தேநீர் தொழில்கள்ஜெய் ஸ்ரீ தேநீர்தொழில்கள் லிமிடெட்