Kanco Tea & Industries Ltd.
Kanco Tea & Inds.
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NSE
BSE
Agri
Small-cap - With a market cap of ₹33.40 Cr.
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Mackeypore and Lakhmijan Tea estates, belonging to the B D Kanoria Group, produces approximately 2 million kilograms of black tea every year. With a long history of experience, expertise, and the company’s strong, sustained focus on producing quality tea, today their estates command premium prices in the market. The gardens were acquired through a Sale Agreement signed between Assam Company Limited and The Ananda (Assam) Tea Co. Limited on Jan 24, 1969.
In 1970, The Ananda (Assam) Tea Co. Limited was taken over by Bengal Tea Company Limited which subsequently became Bengal Tea & Fabrics Limited. The Maple Group of Bengal Tea & Fabrics Limited pertaining to Mackeypore Tea Estate, Lakmijan Tea Estate and Asarwa Overseas Unit was transferred to Tuscon Resources Limited on April 1,1997 vide order of High Court at Calcutta dated Apil 27, 1998.
The name of Tuscon Resources Limited was changed to Kanco Enterprises Limited vide Certificate of Incorporation dated June 16, 1998. The Tea Division of Kanco Enterprises Limited comprising Mackeypore Tea Estate and Lakmijan Tea Estate were transferred to Dhanvaridhi Concerns Limited on April 1, 2009 vide order of Hon'ble High Court at Calcutta dated April 7, 2010. The name of Dhanvaridhi Concerns Limited was changed to Kanco Tea & Industries Limited vide Fresh Certificate of Incorporation dated April 21, 2010 issued consequent to change in name of the company.
Today, the estates employ over 3000 workers, a large number of whom are women.
Business area of the company:
The company is engaged in to the production of tea and tea products.
Projects:
