ABOUT THE BORMAH JAN TEA COMPANY (1936) LIMITED UNLISTED SHARES
THE BORMAH JAN TEA COMPANY (1936) LIMITED is a producer of Tea leaves. The company has two tea gardens in Assam, namely, Bormahjan Tea Garden and Ouphulia Tea Garden.
The company is constantly improving its production quality by undertaking sound agricultural formalities. The factories in both gardens are large and equipped with the latest machinery in each department.
The shareholders of the company had approved the scheme of amalgamation of the company with Teesta Valley Tea Company Limited in March 2018. The same is pending before NCLT for a final order.
The Equity Shares of THE BORMAH JAN TEA COMPANY (1936) LIMITED are listed on Calcutta Stock Exchange Limited.
INCORPORATION DETAILS
|
CIN |
L01132WB1936PLC008535 |
|
Registration Date |
04 March 1936 |
|
Category/Sub-category of the Company |
A Company having Share Capital |
|
Address of the Registered office and contact details |
3, Netaji Subhas Road, Kolkata – 700 001 Tel. – 033 22483585 Email: accounts@teestavalley.com |
|
Name, Address, and Contact Details of Registrar and Transfer Agent, if any |
Maheshwari Datamatics Private Limited, 23, R.N. Mukherjee Road, Kolkata – 700 001 Tel. 033 22435029, 22482248 |
PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Growing and Manufacturing Tea |
01271, 10791 |
100% |
BOARD OF DIRECTORS
Bharat Bajoria (Managing Director)
NamarataBhartia
Radhey Kant Dixit
Mudit Bajoria
Dhruv Bajoria
Jayanta Majumder
SHAREHOLDING PATTERN (As of 31-09-2020)
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1 |
Promoters Shareholding |
88,920 |
71.136% |
|
3 |
Public Shareholding |
36,080 |
28.864% |
|
|
Total |
1,25,000 |
100.00% |
INDUSTRY OUTLOOK
The Indian tea market is expected to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor. Tea is an aromatic beverage prepared by infusing dried and crushed leaves of the Camellia Sinensis plant in boiling water. Some of the commonly available variants include white, black, herbal, green, and oolong tea, which is primarily cultivated in the hilly regions of Assam, West Bengal, Tamil Nadu, Kerala, Tripura, Arunachal Pradesh and other states. Tea is a rich source of polyphenols, caffeine, antioxidants, and minerals, such as potassium, manganese, magnesium, and calcium. Regular consumption of tea can aid in minimizing the damage caused by free radicals in the body, reduce cholesterol levels in the blood and facilitate healthy weight management. It is usually stored and distributed in plastic containers, paper packaging, bags, and aluminum tin boxes.
Significant growth in the food and beverage industry is one of the key factors creating a positive outlook for the market. India is among the largest producers and consumers of tea across the globe and tea has emerged as one of the most cost-effective and healthy beverages. Moreover, the increasing consumer preference for premium and packaged tea brands is providing a thrust to the market growth. Tea manufacturers are using multi-layered packaging to store and distribute tea and minimize the instances of adulteration, spoilage, and maintain the fragrance and freshness of the tea leaves. In line with this, growing consumer awareness regarding the health and medicinal benefits of organic and green tea variants is also contributing to the market growth. There are a shifting preference toward novel fruit, herbal and other specialty varieties that aid in relaxation, reducing anxiety, and minimizing the risks of developing chronic medical ailments. Other factors, including rising expenditure capacities of the consumers, along with the proliferating online retail channels, are anticipated to drive the market toward growth.
