1976 - The company was incorporated on 24th December, with the object
acquiring through amalgamation, the entire business and
undertaking of the Darjeeling Co. Ltd., UK., who were carrying
for many years, the business of tea planters. The Certificate
Commencement of Business was obtained on 12th April, 1977.
objects & activities of the Co. is cultivation of tea
The Co. owns four tea estates all of which are situated in
Darjeeling district of West Bengal.
1977 - The Darjeeling Co. Ltd., U.K. was merged with the Co. with
from 1st January.
1979 - 7 shares subscribed for by the signatories to the Memorandum
Association and 4,44,000 shares allotted to the shareholders
The Darjeeling Co. Ltd., U.K. without payment in cash pursuant
the Scheme of Amalgamation. 1,55,993 shares offered at par
public subscription during Oct.-Nov. 1978.
1988 - The performance of the Co. suffered due to a 40 day industry
strike at gardens.
1992 - The Company was adversely affected by severe drought
prevailing in the entire Darjeeling district for the major
of the year alongwith sporadic stoppages of work at the tea
estates consequent to political turbulence in that area.
1996 - Moondakotee Industries Ltd. having two gardens namely
and Dhajea Tea Gardens was amalgamated with the Company.
- Pursuant to the Scheme of Amalgamation, the Company had
8,00,000 No. of equity shares of the Company at par to the
shareholders of erstwhile MIL in the ratio of one equity
of the Company for every three equity shares of erstwhile