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Tata Coffee
BSE: 532301|NSE: TATACOFFEE|ISIN: INE493A01019|SECTOR: Plantations - Tea & Coffee
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Company History - Tata Coffee
YEAR                                                    EVENTS
 1943 - The company was incorporated at Pollibetta, South Coorg in 
        Karnataka State.  The main object of the company is
 Cultivation
        of coffee, pepper, oranges, paddy, cardamom and other
 plantation 
        and agricultural products.  The estates of the company are
        situated in coorg.  The Company also owns curing works known
 as
        Kushalnagar Works which was originally acquired in January
 1949.
 
      - The Company also acts as suppliers of manures and other
 estate
        requirements and as stock lists for Drake and Flectcher Ltd.,
        Maidstone, Kent for spraying machines and spare parts.
 
 1952 - 1,59,000 Bonus equity shares issued in the prop. 1:2.
 
 1956 - 2,38,500 bonus equity shares issued in the prop. 1:2.
 
 1966 - The Company's name was changed from the Consolidated Coffee
        Estates (1943) Ltd., to Consolidated Coffee Ltd.
 
      - 3,57,750 bonus equity shares issued in prop. 1:2.  2,68,312
 No.
        of equity shares issued without payment in cash.
 
 1969 - 4,47,187 bonus equity shares issued in the prop. 1:3.
 
 1973 - 7,15,498 bonus equity shares issued in the prop. 2:5.
 
 1977 - 8,34,749 bonus equity shares issued in the prop. 1:3.
 
 1979 - Veerarajendra Estates Ltd., is a subsidiary of the Company.
        Another subsidiary under the name Conscofe Investments Ltd.,
 was
        promoted on 18th January.
 
 1981 - 16,69,498 Bonus equity shares issued in prop. 1:2.
 
 1983 - The Company's subsidiary SIFCO Ltd., manufacture precision
        mechanical alarm time pieces under brand name of Favreleuba
 of
        Switzerland and Jaz of France.
 
 1986 - 25,04,247 bonus shares issued in prop. 1:2.
 
 1988 - Effective 1st April, SIFCO Ltd., was merged with the Company. 
 As
        per the Scheme of Amalgamation, the Company allotted 92,826
 No.
        of equity shares (without payment in cash) to the shareholders
 of
        SIFCO Ltd.
 
 1989 - Tata Tea Ltd. (TTL), by its letter of offer dated 20th
 October,
        offered to purchase the entire equity shareholding in 
        Consolidated Coffee Ltd. (CCL), the offer being restricted to
        only the resident Indian shareholders holding 80% of the
 share
        capital of CCL (20% being held by foreign investors).
 
      - As per this offer, for every two equity shares of the CCL of
 the
        face value of Rs 10 each, TTL was to offer one equity share
 of
        TTL of the face value of Rs 10 each plus a sum of Rs 100 in
 cash.
        The said offer was also open to resident Indian new
 shareholders
        of CCL consequent upon the merger of SIFCO with CCL.
 
      - 92,826 shares allotted without payment in cash pursuant to
 scheme
        of amalgamation of Sifco with the Company.
 
 1990 - TTL acquired 52.40% of the Company's equity share capital
        whereupon the Company became a subsidiary of TTL with effect
 from
        20th November.
 
 1995 - 19,01,390 Bonus share issue in prop. 1:4.
 
 1997 - The Company entered into Timber Value-Addition industry by
        converting its Silver Oak timber into plywoods of different
 types
        under the brand name CONSWOOD.
 
      - Consolidated Coffee Ltd (Conscofe), a Tata Tea subsidiary and
        also India's largest plantation company, is launching itself
 on
        a major acquisition spree to bolster its coffee production.
 
      - The Bangalore-based Consolidated Coffee (Conscofe) whipped up
        yet another recipe for success earlier this year when it
        launched Tata Kaapi, a 70:30 instant coffee-chicory mix.  The
        new brand - which is also the Tata Tea unit's first foray
 into
        premium coffee-is pitted against Brooke Bond Lipton's Bru (50
        per cent marketshare) and Nestle India's Sunrise (43 per cent
        share) in the mixed instant coffee segment.
 
      - The company, which has recently introduced Tata Kaapi, a
        70:30 instant coffee-chicory mix, is aiming to take of
        Hindustan Lever Ltd's Bru (50 per cent market share) and
        Nestle's Sunrise (43 per cent share) in the mixed instant
 coffee
        segment.
 
      - CCL is the largest plantation company in Asia with 13,362
 acres
        under cultivation in Coorg and Chickmaglur districts of
        Karnataka.  CCL has a tea estate - Glinglorna Tea Estate in
        Kudiga.
 
      - The company introduced Golden Roast, Double Roast - both
 chicory
        blended coffee brands towards the end of 1996 to address the
        lowest price segment.
 
      - The Rs 86-crore Consolidated Coffee (Conscoffee)--a
 wholly-owned
        subsidiary of the Rs 519-crore Tata Tea--is the country's
 largest
        grower of coffee with 18,000 hectares under its belt in
        Karnataka, has made tremendous inroads into the coffee
 market.
 
 1998 - Consolidated Coffee Limited (Conscofe), a subsidiary of Tata
        Tea Limited, has entered into an agreement with the
        Mysore-based Veneer Mills for the manufacture of plywood and
        allied products.  This is the first time that Conscofe is
        entering into plywood making.
 
      - Consolidated Coffee Ltd (CCL), the Bangalore-based subsidiary
 of
        Tata Tea Ltd, having the largest coffee plantations in Asia,
 is
        set to take over Coffee Lands Ltd (CLL) and Asian Coffee Ltd
        (ACL), and merge its 100 per cent subsidiary Veerarajendra
        Estates Ltd (VEL) along with CLL's 100 per cent subsidiary
        Charagni Ltd retrospectively from April 1, 1998.
 
      - The company proposes to set up additional Tata Cafe branded
        coffee vending machines this fiscal.  To increase the
 business
        volume of coffee, the company will enhance its institutional
        contacts as well.
 
      - CCL has recently entered into timer value addition industry
 by
        getting its silver oak timber converted into plywoods of
        different types.
 
 1999 - The company has a coffee-curing capacity of over 32,000 tonne
 per
        annum spanning three choice locations in South India.
 
      - TATA TEA subsidiary Consolidated Coffee (Conscofe) is
 launching
        the country's first aroma valve-pack, incorporating Italian
        technology, where you can smell the coffee at the time of
        purchase without any disruption in the product's shelf-life.
 
 2000 - The Company has entered into two tripartite agreements with
 NSDL,
              CDSL and TSRL for dematerialisation of securities.
 
            - ICRA has assigned `MAA+' rating indicating highest
 safety to the
              Rs 32-crore non convertible debenture programme of the
 Company.
 
            - The Company has entered into a Brand Equity - Business
 Promotion
               Agreement with Tata Sons Ltd. and will soon be using
 the group
               composite mark in all its operations.
 
            - Consolidated Coffee, Asia's largest coffee plantation
 company, has 
               changed its name to Tata Coffee Ltd. with effect from
 11th August.
 
            - Consolidated Coffee Ltd, is drawing up its e-commerce
 strategy to set up
               the country's first business-to-business (B2B) and
 business-to-consumer
               (B2C) portal for coffee.
 
            - The company has signed an Agreement for the sale of its
 entire Equity
               holdings in Saptarishi Agro Industires Ltd., to Global
 Green Company Limited,
               New Delhi.
 
            - The company has acquired a coffee estate in Kodagu viz.,
 Coovercolly Estate,
              comprising of 1320.88 acres from Kothari Industrial
 Corporation Limited.
 
 2001 - Icra has assigned A1+ rating for the enhanced Rs 20 crore
 commercial paper
             programme of Tata Coffee.  Icra has also retained the
 MAA+ rating indicating high
             safety assigned to the Rs 32 crore medium term NCD
 programme.
 
 2002
 
 -launched its new product 'Mr Bean', a filter coffee with a blend of
 53 per cent coffee and 47 per cent chicory, in Kerala
 
 2003
 
 -approved delisting of shares from Stock Exchanges at Chennai
 Bangalore and Hyderabad.
 
 -Tata Tea Ltd, has announced the acquisition of Highhill Coffee India
 Pvt. However, the cost of acquisition could not be ascertained
 
 - High Court of Karnataka has approved the Scheme of Amalgamation of
 the Company's wholly owned subsidiary, Conscofe Investment Ltd with
 the Company with effect from April 1, 2003
 
 -Mr. M R Pai, director of the company, passes away  on July 3, 2003
 
 2004
 
 -Tata Coffee wins gold medal for best robusta at Paris
 
 -Tata Coffee inks pact with Starbuck for Arabica supply
 
 2005
 
 - Bags all-India as well as regional awards at the `Flavour of
 India-Fine Cup Award Cupping Competition 2005' organised by the
 Coffee Board of India.
 
 - Tata Coffee has acquired six estates (one coffee and five tea) in
 South India for Rs 55 crore from Tata Tea Limited
 
 2006
 
 -Tata Coffee sets up outlet in Kochi
 
 -Tata Coffee, Symbol changed from CONSCOFFEE to TATACOFFEE
 
 -Tata Coffee signs definitive agreement to acquire EOC, U.S.A.
 
 -Tata Coffee Ltd Issues Rights in the Ratio of 1:2
 
 2007
 
 -Tata Coffee sets up freeze-dried coffee plant
 
 2008
 
 -Mr. Sanjiv Sarin has been appointed as Executive Director - Business
 Development of the company.
 
 2009
 
 -Tata Coffee Recommended a dividend of Rs 6/- per Share
 
 -Mr. T.V. Alexander has been appointed as an Independent Director of
 the company.
 
 2010
 
 -Tata Coffee has recommended a dividend of Rs. 7.50/- per Share
 
 2011
 
 -Starbucks signs pact with Tata Coffee
 
 -Tata Coffee has recommended a Final Dividend of Rs. 5.00 per share
 
 2012
 
 -Tata Coffee has recommended a Dividend of Rs. 11 per share
 
 -Mr. N. S. Suryanraynan has taken the charge of Company Secretary and
 Compliance Officer of the Company
Source : Dion Global Solutions Limited
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