Carbon Resources Private Limited has acquired a 5.03% stake in McLeod Russel (India) Limited, signaling a notable development in the shareholding pattern of one of India’s largest tea producers. The transaction took place on September 16, 2022, marking Carbon Resources’ entry into the company as a significant public shareholder.
Share Acquisition Details
| Metric | Details |
|---|---|
| Acquirer | Carbon Resources Private Limited |
| Target Company | McLeod Russel (India) Limited |
| Shares Acquired | 52,50,000 equity shares |
| Method | Open market purchase |
| Stake Acquired | 5.03% |
| Total Equity Capital | 10,44,55,735 shares |
| Transaction Date | September 16, 2022 |
| Prior Holding | Nil |
Carbon Resources, which had no prior shareholding in McLeod Russel, acquired the stake via open-market transactions, indicating external investor interest rather than promoter-driven restructuring. The firm is not part of the promoter group of McLeod Russel.
Strategic Context
The acquisition reflects growing investor interest in McLeod Russel amid sectoral tailwinds and restructuring activity in the Indian tea industry. With plantations spread across key tea-producing regions, McLeod Russel remains a major player in the premium tea segment.
The company’s shares are listed on both the BSE and NSE, providing high liquidity for institutional and strategic investors. While the long-term intent of Carbon Resources has not been disclosed, its entry opens a new chapter in McLeod Russel’s ownership base.
Market participants will be watching closely to see whether this investment leads to further stake accumulation or strategic engagements in the future.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
