Company Registration Details
The Company is registered in the State of West Bengal, India. The Corporate Identity Number (CIN) allotted to the Company by the Ministry of Corporate Affairs (MCA) is L01132WB1900PLC000292. |
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Annual General Meeting | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Day | Thursday | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Date | 4th August, 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Time | 11.30 a.m. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Venue | AGM shall be held through Video Conferencing or Other Audio Visual Means in compliance with SEBI/MCA circulars without the physical presence of members at a common venue. The proceedings of the AGM shall be deemed to be conducted at the Registered office of the Company which shall be deemed venue of the AGM | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
April 1, 2021 to March 31, 2023 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Tentative Financial Calendar | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The Financial Calendar year is based on twelve months commencing from April, 2021 to March, 2022. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1st Quarter Ended 30th June, 2022 | Second week of August, 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2nd Quarter Ended 30th September, 2022 | Second week of November, 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3rd Quarter Ended 31st December, 2022 | Second week of February, 2023 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
4th Quarter Ended 31st March, 2023 | Within May, 2023 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Book Closure dates
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Listing of Equity Shares/Debentures on Stock Exchanges
i) Equity Shares BSE Limited (BSE) The Calcutta Stock Exchange Ltd. Demat ISIN No. for NSDL & CDSL : INE574G01013 ii) Payment of Listing Fees: Annual listing fee for the year 2022-23 has been paid by the company to BSE and CSE Limited.
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Stock Market Performance
There were no transactions in the equity shares of the Company at The Calcutta Stock Exchange, hence there is no monthly high and low quotations and volume of shares traded on the Stock Exchange during the year. However, the month-wise high, low of the market price of the Company’s shares traded on BSE along with month-wise high, low of the BSE SENSEX are as under :
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Registrar And Share Transfer Agent
M/s. Maheshwari Datamatics Pvt. Ltd. 23, R.N. Mukherjee Road, 5th Floor, Kolkata 700 001 Phone : (033) 2248-2248 Fax No.:(033) 2248-4787 E-mail : mdpldc@yahoo.com | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share Transfer System
To enhance ease of dealing in securities markets by investors, SEBI has decided that listed companies shall henceforth issue the securities in dematerialized form only (vide Gazette Notification no. SEBI/LADNRO/GN/2022/66 dated January 24, 2022) while processing the service request mentioned in above notification (viz. Issue of duplicate securities certificates, Claim from Unclaimed Suspense Account, Transmission, Transposition, etc.). The transmission or transposition of shares are being processed by the Registrar and Share Transfer Agents, and approved by the Stakeholders Relationship Committee. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dematerialisation of Shares And Liquidity
The trading in Company’s shares on the Stock Exchange is permitted only in dematerialized form. In order to enable the shareholders to hold their share in electronic form and to facilitate scripless trading, the Company has entered into agreements with National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) whereby shareholders have the option to dematerialize their shares with either of the Depositories. As stipulated by SEBI, a practicing Company Secretary carries out the Reconciliation of Share Capital Audit on quarterly basis to reconcile the total admitted capital with National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) and the total issued and listed capital and the same is deposited with stock exchanges within the stipulated time period. Status of Dematerialisation as on 31st March, 2022 was as under :
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Rights Issue The Board of Directors at their meeting held on 14th July, 2020 had approved fund raising for an issue size of up to Rs. 24.90 crores, through a rights issue, in accordance with applicable law, including the Companies Act, 2013 and the rules made thereunder and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Further, the Rights Issue Committee of the Board of Directors in their respective meetings held on 16th December, 2021 and 13th January, 2022 had approved the following terms of the issue: a. Issue Price: Rs. 60/- per fully paid-up equity share (including a premium of Rs. 50/- per fully paid-up equity share over the face value of ` 10 per equity share). b. Terms and payment of issue price: The full amount of issue price being Rs. 60/- per rights equity share payable on application. c. Record date: The record date for the purpose of determining the eligibility of shareholders of the Company to apply in the Issue, was fixed as 22nd December, 2021, which was revised later as January 19, 2022, in consultation with and approval of BSE Ltd., Depositories NSDL & CDSL, Merchant Bankers and Registrars to the Issue. d. Rights entitlement ratio: 1 Rights Equity Share for every 1 Equity Share held by the eligible shareholders of the Company on the record date. e. Issue Opened on: Friday, February 4, 2022; f. Issue Closing Date: Friday, February 18, 2022. Further, the Rights Issue Committee at its meeting held on 28th February, 2022 approved the allotment of 41,42,201equity shares on rights basis. Post rights issue, the paid-up share capital of the Company is Rs. 8,28,44,020 i.e. 82,84,402 equity shares of Rs. 10 each. |
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Corporate Governance Compliance Certificate Certificate from Ms. Sweety Kapoor, a practicing Company Secretary, confirming compliance with the relevant provisions of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) as referred in Regulation 15(2) of the Listing Regulations for the financial year ended 31st March, 2022 is attached to the Corporate Governance Report forming part of the Directors’ Report.
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Outstanding GDRs/ADRs/Warrants or any Convertible Instruments, Conversion date and likely impact on equity The Company did not have any outstanding GDRs / ADRs / Warrants or Convertible Instruments as on 31st March, 2022.
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Locations | |||
Tea / Coffee/ Rubber Estates and Factories are located at | |||
Tea | |||
Joonktollee Tea Estate P.O. Barbam-786 624 Dist. Dibrugarh, Assam |
Jamirah Tea Estate P.O. Dibrugarh-786 001 Dist. Dibrugarh, Assam. | ||
Shree Ganga Tea Estate P.O. Barbam-786 624 Dist. Dibrugarh, Assam |
Nilmoni Tea Estate P.O. Tinkhong-786 112 Rajgarh, Assam |
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Goomankhan Tea Estate Hirebile P.O.577 121 Dist. Chikmagalur, Karnataka |
Pullikanam Tea Estate P.O. Pullikanam-685 503 Vagamon Post Dist. Idukki, Kerala |
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Kolahalmedu Tea Estate P.O. Pullikanam-685 503 Vagamon Post Dist. Idukki, Kerala |
Azizbagh Tea Estate Rajgarh - 786611 Dist. Dibrugarh, Assam |
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Coffee | |||
Cowcoody Estate Somwarpet-571236 Dist. Coorg, Karnataka |
Chemoni, Pudukad & Ichipara Estate P.O. Palapilly-680304 Dist. Trichur, Kerala | ||
Administrative Office | |||
Cowcoody Chambers 234-A, Race Course Road Coimbatore-641 018 Tamil Nadu |
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Address for Correspondence | |||
Registrar & Share Transfer Agents M/s. Maheshwari Datamatics Pvt. Ltd. 23, R.N. Mukherjee Road, 5th Floor, Kolkata 700 001 Phone : 033-2248-2248 Fax No.: 033-2248-4787 E-mail : mdpldc@yahoo.com Registered Office Joonktollee Tea & Industries Ltd. 21, Strand Road, Kolkata – 700 001. Tel : 033-2230-9601 Fax : 033-2210-6495 e-mail : info@joonktolleetea.in / investors@joonktollee tea.in |
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Credit Ratings
During the year under review, CARE has affirmed the rating of BB+/Stable for the bank facilities of the Company. |
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Transfer of Unclaimed Amounts / Shares to the Investor Education And Protection Fund (IEPF):
In accordance with the provisions of Sections 124, 125 of the Act, read with the IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016 (hereinafter referred to as “IEPF Rules”) the amount of dividend or any other amount remaining unclaimed or unpaid for a period of seven years is required to be transferred to the IEPF. Further, all the shares in respect of which dividend remained unclaimed or unpaid for seven consecutive years or more, shall also be transferred to the Demat Account of the IEPF Authority. In pursuance of the above, the dividend remaining unclaimed or unpaid in respect of dividends declared for FY 2013-14, had been transferred to the IEPF during FY 2021-22. Consequently, shares in respect of which dividend(s) remained unclaimed or unpaid from FY 2013-14 till FY 2020-21 were also transferred to IEPF. The details of the unclaimed dividends and shares so transferred are available on the Company’s website - http://joonktolleetea.in | |||
Corporate Governance Compliance Certificate :
Certificate from Ms. Sweety Kapoor, a practicing Company Secretary, confirming compliance with the relevant provisions of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) as referred in Regulation 15(2) of the Listing Regulations for the financial year ended 31st March, 2022 is attached to the Corporate Governance Report forming part of the Directors’ Report. This Certificate will be forwarded to the Stock Exchanges alongwith the Annual Report of the Company. |