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Lykis > Company History > Plantations - Tea & Coffee > Company History of Lykis - BSE: 530689, NSE: N.A
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Lykis
BSE: 530689|ISIN: INE624M01014|SECTOR: Plantations - Tea & Coffee
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Company History - Lykis
YEAR                       EVENTS
 1965 - The Company was incorporated as a partnership firm by
 Banwarilal
        Sutodiya, Bimal Kumar Sutodiya, Yashodadevi Sutodiya,
 Shantidevi
        Sutodiya etc. under the name and style of Sutodiya & Co. on
 2nd
        December, which was converted into Private Ltd. Co. 15th
 October
        1984.  The Company is engaged in the business of plantation
 and
        manufacture of tea.
 
 1994 - The Name of the Company was changed to Greenline Tea &
 Exports
        Private Limited and was converted into Public Limited Company
 on
        27th October.
 
      - The company has Iringmara Tea Estate in Cochar District,
 Assam
        which has total grant area of 952.00 hectares out of which
 400.00
        hectares have been used for tea plantation.  The installed
        capacity of Tea factory at irigmara Tea estate is 4.5lac kgs.
 of
        made tea per annum.  The Company proposes to extend 400
 hectares
        for tea plantation activity and balance for other purposes. 
 
 1995 - The Company undertook a modernisation cum expansion of
 division
        and tea processing facilities.  The installed capacity was to
 be
        increased from 4.50 lakh kgs. to 15 lakh kgs. per annum by
 year
        2000.
 
 1996 - 19,00,360 No. of equity shares allotted to promoters and
 their
        associates.  53,80,000 No. of equity shares of Rs 10 each
 were
        issued at a prem. of Rs 5 per share through a Prospectus in
 April
        1995 of which 18,20,000 shares 50,000 shares were reserved
 and
        allotted on a firm basis to promoters, friends, relatives.
 
      - Of the remaining the following were reserved for allotment on
 a
        preferential basis: (i) 6,62,000 shares to Indian Mutual
 Funds
        (none were taken up); (ii) 7,12,000 shares to Indian &
        Multilateral development financial institutions (none were
 taken
        up).  Balance 21,36,000 shares and 13,74,000 shares not taken
 up
        under pref. allotment issued to the public.  Additional 800
        shares were added for rounding off.  22,07,350 shares
 forfeited.
        2,800 forfeited shares issued during 1997.
 
 2011
 -Registered Office of the Company has been shifted to 14, N. S. Road,
 3rd Floor, Sathi Chamber, Room No. 314B, Kolkata - 700 001.
 
 2012
 
 -Company has changed its name from Greenline Tea & Exports Ltd. to
 Lykis Ltd.
 
 -  Email ID : investorrelation@lykisgroup.com
 
 
 
 
 
Source : Dion Global Solutions Limited
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