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Lykis Ltd. Company History and Annual Growth Details

YEAR EVENTS
1965 - The Company was incorporated as a partnership firm by Banwarilal
Sutodiya, Bimal Kumar Sutodiya, Yashodadevi Sutodiya, Shantidevi
Sutodiya etc. under the name and style of Sutodiya & Co. on 2nd
December, which was converted into Private Ltd. Co. 15th October
1984. The Company is engaged in the business of plantation and
manufacture of tea.

1994 - The Name of the Company was changed to Greenline Tea & Exports
Private Limited and was converted into Public Limited Company on
27th October.

- The company has Iringmara Tea Estate in Cochar District, Assam
which has total grant area of 952.00 hectares out of which 400.00
hectares have been used for tea plantation. The installed
capacity of Tea factory at irigmara Tea estate is 4.5lac kgs. of
made tea per annum. The Company proposes to extend 400 hectares
for tea plantation activity and balance for other purposes.

1995 - The Company undertook a modernisation cum expansion of division
and tea processing facilities. The installed capacity was to be
increased from 4.50 lakh kgs. to 15 lakh kgs. per annum by year
2000.

1996 - 19,00,360 No. of equity shares allotted to promoters and their
associates. 53,80,000 No. of equity shares of Rs 10 each were
issued at a prem. of Rs 5 per share through a Prospectus in April
1995 of which 18,20,000 shares 50,000 shares were reserved and
allotted on a firm basis to promoters, friends, relatives.

- Of the remaining the following were reserved for allotment on a
preferential basis: (i) 6,62,000 shares to Indian Mutual Funds
(none were taken up); (ii) 7,12,000 shares to Indian &
Multilateral development financial institutions (none were taken
up). Balance 21,36,000 shares and 13,74,000 shares not taken up
under pref. allotment issued to the public. Additional 800
shares were added for rounding off. 22,07,350 shares forfeited.
2,800 forfeited shares issued during 1997.

2011
-Registered Office of the Company has been shifted to 14, N. S. Road, 3rd Floor, Sathi Chamber, Room No. 314B, Kolkata - 700 001.

2012

-Company has changed its name from Greenline Tea & Exports Ltd. to Lykis Ltd.

- Email ID : [email protected]

2015
-Lykis Ltd have participated in Gulfood, Dubai
-Lykis Ltd have participated in Beauty World ME.
-Lykis Ltd have participated in I for Africa, Ahmedabad.

2016
-Lykis Ltd has informed that the Registered Office of the Company is shifted from 14, N.S. Road. 3rd Floor. Sathi Chamber, Room No. 314B, Kolkata, West Bengal- 700001, to 4A, N. C. Dutta Sarani, 4th FIoor, Room No. 402, Kolkata - 700001.

2017

-The Company won the prestigious 'Ministry of Ayush awards Kesh Gaurav/ as the Most Holistic Product.

2019

-With the introduction of brand H&H ( Him & Her ) Lykis announced its arrival into the premium cosmetics range of products in the FMCG segment

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