Dr. Senthilverl gets bullish on tea, invests Rs. 1.1 b in two firms

KPMG at 12h55
18
Feb
2011
Dr. Senthilverl gets bullish on tea, invests Rs. 1.1 b in two firms

High net worth individual investor Dr. T. Senthilverl on Tuesday bought a 7.25% stake in world famous Dilmah brand owning company Ceylon Tea Services for Rs. 943 million.

The block amounting to 1.45 million shares had been bought at Rs. 650 each, about 18.7% or Rs. 150 lower than CTS previous close. Around 100 shares traded at a higher price of Rs. 756 each. The seller was BBH Genesis Smaller Companies
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