04 Apr, 10:04 - Indian

SENSEX 75624.29 (-0.88)

Nifty 50 22992.2 (-1.11)

Nifty Bank 51607.85 (0.02)

Nifty IT 33980.25 (-2.24)

Nifty Midcap 100 50888.95 (-2.44)

Nifty Next 50 61897.75 (-1.91)

Nifty Pharma 20433.7 (-4.62)

Nifty Smallcap 100 15836.6 (-2.58)

04 Apr, 10:04 - Global

NIKKEI 225 33529.29 (-3.47)

HANG SENG 22849.81 (-1.52)

S&P 5403.5 (-0.76)

LOGIN HERE

flagThe Grob Tea Co Ltd

You are Here : Home > Markets > CompanyInformation > Company Background
BSE Code : 538367 | NSE Symbol : GROBTEA | ISIN : INE646C01018 | Industry : Plantation & Plantation Products |


Company History

The Grob Tea Company Limited is a century old company, incorporated on January 07, 1895. The Company was part of the legendary and heritage agency M/s. Octavius Steel & Co. Ltd., having five tea gardens namely Doyang, Dessoie, Kanu, and Teen Ali Tea Estates all located in quality tea producing belt of Assam and Pathemara Tea Estate in the Happy valley circle of Cachar District of Assam. These gardens comprises grant area of 4236.07 Hect. and 2332.71 Hect. of lush tea plantation with a capacity to produce 40 Lacs kgs of premium Assam tea. It is engaged in the business of manufacture and sale of tea.

The Company was acquired in year 2009 by Rawalwasia Group a progressive diversified entity with interest in Telecom, Hospitality, Polypacks etc and invested heavily in modernizing the landmark plantation with state of the art manufacturing facility with constantly upgrading its plantation and factory to keep up the ever changing demand of time.

The Group elevated its crop 32 lacs kgs to 40 lacs kgs per annum, and focused on field development & upgradation of field practices to make the tea estates as one of the best garden in the area. Later on, the Company acquired Martycherra Tea Estate from Parry Agro Industries Ltd., w.e.f. January 2015.

In FY 2019, in addition to existing core business of cultivation, manufacturing of Tea, the Company diversified into the business of LED Street light, Indoor lights and all other LED light products and entered into a consortium agreement with Larica LED Product Pvt. Ltd. to attain the said objective of manufacturing the LED lights.

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +