Sanjiv Goenka resigns as chairman from Harrison Malayalam
The company gave no reasons for Goenka’s resignation
In July 2011, Mint had reported that Goenka formally announced the setting up of a new business group named after himself as part of the partition of the family business that used to be headed by his father Rama Prasad Goenka.
In 2010, the brothers had separated their business interests and family-owned assets, including Goenka Niwas, their home in Kolkata’s upscale Alipore area.
Harrisons Malayalam, the plantation company with interests in rubber and tea, will on the other hand be carved up and split between the two brothers, Mint had reported citing unnamed sources.
Harrisons Malayalam is the leading integrated agricultural operation in South India.
One of the oldest—with a history that goes back over 150 years—it has been a pioneer in corporate farming and has, over this period, established and run plantations for tea, rubber, cocoa, coffee and a wide variety of spices.
At present, the company cultivates about 14,000 ha and processes produce from other farmlands in its neighbourhood.
Mint could not immediately contact Harrisons Malayalam for a comment.
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