The Grob Tea Co Ltd
NSE: GROBTEA BSE: 538367
₹855
(0.91%)
Sun, 05 Apr 2026, 03:28 pm
Market Cap984.78M
PE Ratio17.68
Dividend0.35
Consumer Non-Durables
Food: Major Diversified
24.5KCompany History
1895
- The Company was incorporated on 7th January at Calcutta.
1948
- 14,703 Bonus `A' Equity shares were issued.
1954
- 24,718 `A' bonus shares and 24,079 `B' bonus shares were issued to holders in proportion 1:2 by capitalising reserve.
1958
- The Teen Ali Tea Co. Ltd. was amalgamated with the Company on 1st January.
- 45,000 fully paid `A' shares of Rs. 10 each were issued without payment in cash to the shareholders of Teen Ali Co. Ltd. in proportion 1:1 on its merger with the Company.
1959
- All shares were converted into equity shares of Rs. 5 each.
- 1,55,272 right equity shares were issued at a premium of Rs. 2.50 per share in proportion 1:1.
1965
- The Company acquired Doyang Estate on 20th January.
1980
- 4,65,817 bonus equity shares were issued in proportion 1:1.
1985
- Profits declined due to shortfall in the crop and lower average price realised for the company's teas.
1989
- Good field management, strict quality control and the general buoyancy in the tea market enabled the company to improve the working results.
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