Scottish Assam Unlisted Share Price

About THE SCOTTISH ASSAM (INDIA) LIMITED Unlisted Shares

THE SCOTTISH ASSAM (INDIA) LIMITED was first started in the year 1977 with a garden named Heeleakah Tea Estate of about 950 Hectares. The brand name of the tea produced by the company is known as ‘Heeleakah’. It has become a popular brand among upper Assam tea.

The company started manufacturing teas from brought leaf marked as ‘Dhopatbari’ from the year 2012.

Prices for teas in India, due to the drop in supply, have currently increased, post the lockdown opening. The prospects are encouraging. However, the majority of the production for the current season is still to be sold, and the company's prospects for the year would be largely influenced by how the tea prices in the market behave for the remaining of the production season. The labor and the staff were unable to work at their full capacity as only 50% of the staff worked during the lockdown period in the garden.

The equity shares of THE SCOTTISH ASSAM (INDIA) LIMITED are listed on Calcutta Stock Exchange.

INCORPORATION DETAILS

PRINCIPAL BUSINESS ACTIVITES OF THE COMPANY

 BOARD OF DIRECTORS

Mr. Dhirendra Kumar

Ms. Shashi Kumar

Ms. Divya Jalan

Mr. Hemant Kumar Agrawal

Mr. Golam Momen (Independent Director)

Mr. Ghanshyam Das Gupta (Independent Director)

Mr. Gaurav Gupta (Independent Director)

Mr. Naveen Bansal (Independent Director)

Mr. Kartik Narayan Singh (Whole-time Director)

PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES

THE SCOTTISH ASSAM (INDIA) LIMITED does not have any subsidiary or associate company.

 THE SCOTTISH ASSAM (INDIA) LIMITED SHARE DETAILS

SHAREHOLDING PATTERN

(As on 31-03-2024)

INDUSTRY OUTLOOK 

India is the second largest producer of Tea in the world. Not only that, India is also a leading consumer of Tea. Indian Tea is considered to be the finest tea in the world. North East and North Bengal are known to be the main tea-growing regions of India. However, Tea is also grown in Nilgiris in South India at a very large level. Assam is the largest tea-producing state of India followed by West Bengal. South India accounts for 1/5th of the industry. India produces various varieties of Tea including CTC Tea, Orthodox Tea, Green Tea, etc.

The tea market is growing significantly in India. It is projected to grow at a CAGR of 4.2% from 2021 to 2026. Indian Government established the ‘Tea Board of India’ in 1954. It performs developmental and regulatory functions of the tea industry in India. It also undertakes direct promotional activities for tea producers in India.