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Joonktollee Tea and Industries Ltd.

BSE: 538092 | NSE: | Series: | ISIN: INE574G01013 | SECTOR: Plantations - Tea & Coffee

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Jun 15, 16:00
147.75 7.00 (4.97%)
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1,156
10-Day
755
30-Day
404
786
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Joonktollee Tea and Industries is not listed on NSE
Company History - Joonktollee Tea and Industries
YEAR                      EVENTS
 1873 - The Company was incorporated at Calcutta.  The main objective
 of
        the company's estate is situated in the Lakhimpur district of
        Assam and has a area of 742.73 hectares (1,834.56 acres) of
 land. 
        The total planted tea area is 400.77 hectares.
 
 1957 -  Authorised capital increased.  48,000 Bonus Equity shares
 issued
         in the proportion 4:1.
 
 1960 - Rate of dividend on Preference shares issued increased.
 
 1961 - 60,000 Bonus Equity shares issued in the proportion 1:1.
 
 1967 - 30,000 Bonus Equity shares issued in the proportion 1:4.
 
 1974 - 50,000 Bonus Equity shares issued in the proportion 1:3.
 
 1978 - The Company took on lease the factory of the Indian Paint
 Colour
        & Varnish Co. Ltd., Calcutta as a going concern for two years
        with effect from 10th June.
 
      - 1,00,000 Bonus Equity shares issued in the proportion 1:2.
 
 1983 - Fairly big trees and tea nurseries were raised.  Extensive
        drainage work was taken up to combat water-logging. 
 Replantation
        was carried out in 6.76 hectares.
 
 1986 - The Company installed artificial sprinkler irrigation system
 and
        raised extensive tea nurseries.
 
      - The name of the company was changed from Joonktollee Tea Co.,
        Ltd. to the present one.
 
 1987 - The production of tea increased by 12.8% over that of the
        previous year.  However, the profits were reduced due to
 increase
        in cost of production, higher depreciation charges and lower
        sales realisation.
 
 1988 - The Company undertook replantation in 9 hectares.
 
 1989 - 8.57% Preference shares redeemed.
 
 1991 - Apart from packing in polypouches of 250 gms., the company
 also
        proposed to bring tea in 100 gms. pouches to cater to wider
        markets.
 
      - A capital expenditure was incurred for purchases of
 machinery,
        construction of labour housing and roads etc.
 
 2011
 
 -Joonktollee Tea & Industries Ltd has recommended dividend @ Rs. 2.50
 each per shares 
 
 2012
 
 -Joonktollee Tea & Industries Ltd. has entered into an agreement with
 M/s. Dhunseri Petrochem & Tea Ltd. for acquisition of Sreemoni Tea
 Factory          
 
 2014
 
 -The Company have recommended dividend Rs. 6/- each per share for the
 year 2013-14   
 
 2016
 - Joonktollee Tea & Industries Ltd has received Golden Leaf India
 Awards 2016.