Asian Tea & Exports Ltd
Asian Tea & Exports Ltd Company History
Asian Tea & Exports is engaged in the Business of sale of made tea, Yellow Peas, etc.
2003
Company has received the Niryat Shree gold trophy for its tea exports in the fiscal 2001-02 from Ministry of Commerce Government of India.
2003
2005
Company has split its equity shares of Rs 10/- each into equity shares of Rs 1/- each.
2005
2009
Company has Signed a contract for export of tea worth 16 Million US Dollar from an overseas buyer for execution during the current year.The Company is a Government of India recognized Export House with business turnover in excess of Rs 100 crores.
2009
2011
Company have entered into an agreement for acquisition of wind Mill power generation unit of 0.6MW capacity - Suzlon make) located at Kutch, Gujarat at a price consideration of approx. Rs. 2.25 crores.
2011
2012
Company have acquired 50.16% shares of Asian Tea Company Private Limited at a price consideration of approx. Rs.1.12 crores.
2012
2014
Company have acquired 63.37% shares of Indong Tea Company Private Limited at a price consideration of approx. Rs. 1.80 crores.
2014
2021
The company issued rights shares of Rs. 10 in the ratio of 1:1 at a premium of Rs. 5 per share.
2021
