Auckland International Unlisted Share Price

Auckland International Limited Unlisted Shares - Company Overview

AUCKLAND INTERNATIONAL LIMITED commenced manufacturing Jute products by amalgamating The Auckland Jute Company Limited in 1980. The company’s manufacturing unit, Auckland Jute Mills is located near Kolkata. Auckland International Limited manufactures Odourless Tea Bag Cloth, Hessian, Canvas Cloth, Double Warp Tarpaulin Cloth, and Sacking A Twill Bags for Sugar packing & B Twill for other food grain packings. The company is also producing Scrim cloth, Felt, and A-type bags for food grains. The company’s products are well-known in India as well as in foreign countries.

Currently, the Jute Mill of the company has a rated capacity of 100 (TPD)Tonnes Per Day, out of which 30% is quality Hessian Fabrics and the remaining 70% sacking including D. W. Canvas and D. W. Tarpaulins. The company has installed Roof Top Solar Panels in Auckland Jute Mills. The solar power generated is used for manufacturing in the mills. The company is striving for higher progress in the few coming years and has taken plans for the upkeep of old machinery as well as installing new machinery. The equity share of Auckland International Limited is listed on the Calcutta Stock Exchange Limited,

Auckland International Limited Unlisted Share Details as of March 31, 2024

Auckland International Limited Incorporation Details

Auckland International Limited Principal Business Activites of The Company

Auckland International Limited Board of Directors

Sri H. S. Bayed — Executive Director

Sri M. C. Singhi — Independent Director

Sri B. S. Rampuria — Non Executive Director

Sri B. S. Baid — Non Executive Director

Smt. Baby Bothra — Independent Woman Director

Auckland International Limited Particulars of Subsidiary And Associate Companies

Auckland International Limited does not have any subsidiary or associate company.

Auckland International Limited Shareholding Pattern (As of 31-03-2023)

Jute Industry Outlook

Jute Industry is predominantly dependent upon the vagaries of nature. Thus, crop yield fundamentally depends upon climatic conditions. Due to the hoarding of Raw Jute stock by growers and traders, the prices were comparatively different and higher than the prices quoted daily by the market bulletin. The major procurement of the production by the State and Central Government agencies under the Essential Commodities Act, the prices were fixed on the basis of the prices quoted by the market bulletin by the administrative authority of the Jute Commissioner’s Office under the Ministry of Textiles, Government of India thereby made the manufacturing and sale of B. Twill Sacking bags economically challenging. Furthermore, the Order issued by the Ministry of Textiles vide its Notification dated 16th September, 2022 approving 100% of the food grains and 20% of the sugar shall be mandatorily packed in diversified jute bags thereby expanding the scope of mandatory packaging norms under the Jute Packaging Material (JPM) Act, 1987 was valid up to the 31st December, 2022 or until further orders, whichever is earlier.