iifl-logo
  • testing
  • |

iifl-logo

Arcuttipore Tea Co Ltd Company Summary

1.82
(0.00%)
May 20, 2019|11:05:03 AM

Arcuttipore Tea Co Ltd Summary

Arcuttipore Tea Company (ATL) was incorporated in 1869. Gillanders Arbuthnot & Company, which was looking after the management of the company as managing agent, resigned in 1956 and the management was taken over by a board of directors comprising the present promoter U S Bijoria and others. The company owned a tea estate at Silchar (Cachar district), Assam. The yield per hectare has increased from 400 kg to 2450 kg due to efforts made by the management.ATL came out with a Rs.6 crores public issue at a premium of Rs.30 in Mar95 to part-finance a Rs.10 crores project to increase the capacity from 7 lac kg pa to 14 lac kg pa and to diversify into tea exports, teak plantation and black pepper. Hemalatha Textiles, Star Textiles & Industries, Hooghly Mills and Mega Market Share resources are the other group companies. During 1996-97, the export order of tea has increased by 5 crores and on the basis of enquiry the company is expecting few more orders. The company is also now actively considering the project for the manufature of Flavour Tea.Company has undertaken job contract for development of 650 acers of land for tea cultivation i.e. Nathsol Tea estate & Srikona Tea estate, this will help to improve the bottomline.

testing
  • testing
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

testing
  • testing
  • testing

ATTENTION INVESTOR

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.