McLeod Russel appoints Pradip Bhar as Whole-Time Director and CFO for a term of 3 years, starting April 2026. The company has agreed to sell three Assam tea estates, aiming to reduce debt pending necessary approvals.

McLeod Russel has agreed to NARCL's plan, which sets the company's sustainable debt at INR 1,050 crore, due by February 2029. This arrangement might also lead to a 10% equity acquisition through debt conversion.