Company History - Joonktollee Tea and Industries
1873 - The Company was incorporated at Calcutta. The main objective
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
The total planted tea area is 400.77 hectares.
1957 - Authorised capital increased. 48,000 Bonus Equity shares
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
& 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.
was carried out in 6.76 hectares.
1986 - The Company installed artificial sprinkler irrigation system
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
in cost of production, higher depreciation charges and lower
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
proposed to bring tea in 100 gms. pouches to cater to wider
- A capital expenditure was incurred for purchases of
construction of labour housing and roads etc.
-Joonktollee Tea & Industries Ltd has recommended dividend @ Rs. 2.50
each per shares
-Joonktollee Tea & Industries Ltd. has entered into an agreement with
M/s. Dhunseri Petrochem & Tea Ltd. for acquisition of Sreemoni Tea
-The Company have recommended dividend Rs. 6/- each per share for the
- Joonktollee Tea & Industries Ltd has received Golden Leaf India