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Asian Tea & Exports Ltd.

BSE: 519532 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE822B01017
BSE LIVE 15:27 | 20 Jul 17.70 0.10
(0.57%)
OPEN

17.65

HIGH

18.40

LOW

17.65

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 17.65
PREVIOUS CLOSE 17.60
VOLUME 2781
52-Week high 24.50
52-Week low 11.02
P/E 110.63
Mkt Cap.(Rs cr) 18
Buy Price 17.70
Buy Qty 424.00
Sell Price 0.00
Sell Qty 0.00
OPEN 17.65
CLOSE 17.60
VOLUME 2781
52-Week high 24.50
52-Week low 11.02
P/E 110.63
Mkt Cap.(Rs cr) 18
Buy Price 17.70
Buy Qty 424.00
Sell Price 0.00
Sell Qty 0.00

Asian Tea & Exports Ltd. (ASIANTEAEXP) - Company History

Asian Tea & Exports (ATEL) was originally incorporated as Sita Plantations Pvt Ltd. The company was converted into a Public Limited Company. The name of the company was changed to Asian Tea and Exports Limited and a fresh certificate of Incorporation was obtained. The Promoters have set up a tea plantation covering an area of 100 hectares (250 acres) of agricultural land in the Sathkamar and Kukurjan villages of Rajganj Block in the Jalpaiguri District of West Bengal. The land was acquired between November '89 and November '90 and the plantation commenced in May, 1991. The age of the tea bushes already planted vary from 3 years and below. The total investment as upto June 15, 1994 has been Rs. 170.00 lacs. It had acquired additional agricultural land of 250 hectares for development and tea plantation. It will also set up a Processing Unit for manufacture of 11 lac kgs of made tea. During 1996-97, company has yet not received the requisite NO Objection Certificate from the state government of West Bengal for setting up the manufacturing unit at the Tea Estate.