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Tyroon Tea Company Ltd.

BSE: 526945 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE945B01016
BSE 00:00 | 24 Jun 82.55 3.90
(4.96%)
OPEN

82.55

HIGH

82.55

LOW

82.55

NSE 05:30 | 01 Jan Tyroon Tea Company Ltd
OPEN 82.55
PREVIOUS CLOSE 78.65
VOLUME 7213
52-Week high 82.55
52-Week low 22.00
P/E 4.22
Mkt Cap.(Rs cr) 28
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 82.55
CLOSE 78.65
VOLUME 7213
52-Week high 82.55
52-Week low 22.00
P/E 4.22
Mkt Cap.(Rs cr) 28
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Tyroon Tea Company Ltd. (TYROONTEACO) - Company History

Incorporated as a public limited company in 1890 Tyroon Tea Company was formed with the main object of acquiring the business of George Frederick Pinney. Since 1960 McLeod & Company were acting as the managing agents of the company. The management of the company remained with them till the abolition of the system of managing agency in 1970. Thereafter the company has been under the management of its Board of Directors. A K Jalan the present promoter acquired the shares from McLeod & Company in 1988 and is managing the company since then.The main business of the company is tea plantation and processing. It has Tyroon tea estate in Assam. The installed capacity of the tea factory at its estate is 1061617 kg pa of made tea. The company is selling its products through auction and the balance through its wholesale outlets at Bombay Indore Jaipur Kanpur Allahabad etc. The company undertook an expansion-cum-modernisation programme in its tea divisions and tea processing facilities. It increased the capacity to manufacture made tea to 17.5 lac kg pa. It came out with a public issue in Feb.'95 to part-finance this project. The company also launched poly pouches to sell its product.