Luxmi Tea’s Acquisition of three of McLeod Russel estates in Assam


Khaitan & Co advised McLeod Russel India Limited and Luxmi Tea Company Private Limited in relation to the sale of 3 (three) tea estates.

McLeod Russel has entered into an agreement with Luxmi Tea Company for the sale of three of its estates in Assam for an estimated value of around $22 Million.

Luxmi Tea Company Private Limited engages in the tea cultivation and manufacturing, home furnishing, and realty development. The company produces and packs tea, manufactures and distributes handwoven carpets, and builds communities.

McLeod Russel India Ltd is an Indian tea company. It is currently the world’s largest tea growing company. It is part of the Williamson Magor Group.

Khaitan & Co advised McLeod Russel India Limited and Luxmi Tea Company Private Limited with a team including Padam Khaitan (Picture), Devidas Banerji, Shourya Sengupta and Sneh Lata.

Involved fees earner: Devidas Banerji – Khaitan & Co.; Padam Kumar Khaitan – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Luxmi Tea Company Limited; McLeod Russel India Ltd. ;