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Tata Coffee Ltd. Company History and Annual Growth Details

YEAR EVENTS
1943 - The company was incorporated at Pollibetta, South Coorg in
Karnataka State. The main object of the company is Cultivation
of coffee, pepper, oranges, paddy, cardamom and other plantation
and agricultural products. The estates of the company are
situated in coorg. The Company also owns curing works known as
Kushalnagar Works which was originally acquired in January 1949.

- The Company also acts as suppliers of manures and other estate
requirements and as stock lists for Drake and Flectcher Ltd.,
Maidstone, Kent for spraying machines and spare parts.

1952 - 1,59,000 Bonus equity shares issued in the prop. 1:2.

1956 - 2,38,500 bonus equity shares issued in the prop. 1:2.

1966 - The Company's name was changed from the Consolidated Coffee
Estates (1943) Ltd., to Consolidated Coffee Ltd.

- 3,57,750 bonus equity shares issued in prop. 1:2. 2,68,312 No.
of equity shares issued without payment in cash.

1969 - 4,47,187 bonus equity shares issued in the prop. 1:3.

1973 - 7,15,498 bonus equity shares issued in the prop. 2:5.

1977 - 8,34,749 bonus equity shares issued in the prop. 1:3.

1979 - Veerarajendra Estates Ltd., is a subsidiary of the Company.
Another subsidiary under the name Conscofe Investments Ltd., was
promoted on 18th January.

1981 - 16,69,498 Bonus equity shares issued in prop. 1:2.

1983 - The Company's subsidiary SIFCO Ltd., manufacture precision
mechanical alarm time pieces under brand name of 'Favreleuba' of
Switzerland and 'Jaz' of France.

1986 - 25,04,247 bonus shares issued in prop. 1:2.

1988 - Effective 1st April, SIFCO Ltd., was merged with the Company. As
per the Scheme of Amalgamation, the Company allotted 92,826 No.
of equity shares (without payment in cash) to the shareholders of
SIFCO Ltd.

1989 - Tata Tea Ltd. (TTL), by its letter of offer dated 20th October,
offered to purchase the entire equity shareholding in
Consolidated Coffee Ltd. (CCL), the offer being restricted to
only the resident Indian shareholders holding 80% of the share
capital of CCL (20% being held by foreign investors).

- As per this offer, for every two equity shares of the CCL of the
face value of Rs 10 each, TTL was to offer one equity share of
TTL of the face value of Rs 10 each plus a sum of Rs 100 in cash.
The said offer was also open to resident Indian new shareholders
of CCL consequent upon the merger of SIFCO with CCL.

- 92,826 shares allotted without payment in cash pursuant to scheme
of amalgamation of Sifco with the Company.

1990 - TTL acquired 52.40% of the Company's equity share capital
whereupon the Company became a subsidiary of TTL with effect from
20th November.

1995 - 19,01,390 Bonus share issue in prop. 1:4.

1997 - The Company entered into Timber Value-Addition industry by
converting its Silver Oak timber into plywoods of different types
under the brand name 'CONSWOOD'.

- Consolidated Coffee Ltd (Conscofe), a Tata Tea subsidiary and
also India's largest plantation company, is launching itself on
a major acquisition spree to bolster its coffee production.

- The Bangalore-based Consolidated Coffee (Conscofe) whipped up
yet another recipe for success earlier this year when it
launched Tata Kaapi, a 70:30 instant coffee-chicory mix. The
new brand - which is also the Tata Tea unit's first foray into
premium coffee-is pitted against Brooke Bond Lipton's Bru (50
per cent marketshare) and Nestle India's Sunrise (43 per cent
share) in the mixed instant coffee segment.

- The company, which has recently introduced Tata Kaapi, a
70:30 instant coffee-chicory mix, is aiming to take of
Hindustan Lever Ltd's Bru (50 per cent market share) and
Nestle's Sunrise (43 per cent share) in the mixed instant coffee
segment.

- CCL is the largest plantation company in Asia with 13,362 acres
under cultivation in Coorg and Chickmaglur districts of
Karnataka. CCL has a tea estate - Glinglorna Tea Estate in
Kudiga.

- The company introduced Golden Roast, Double Roast - both chicory
blended coffee brands towards the end of 1996 to address the
lowest price segment.

- The Rs 86-crore Consolidated Coffee (Conscoffee)--a wholly-owned
subsidiary of the Rs 519-crore Tata Tea--is the country's largest
grower of coffee with 18,000 hectares under its belt in
Karnataka, has made tremendous inroads into the coffee market.

1998 - Consolidated Coffee Limited (Conscofe), a subsidiary of Tata
Tea Limited, has entered into an agreement with the
Mysore-based Veneer Mills for the manufacture of plywood and
allied products. This is the first time that Conscofe is
entering into plywood making.

- Consolidated Coffee Ltd (CCL), the Bangalore-based subsidiary of
Tata Tea Ltd, having the largest coffee plantations in Asia, is
set to take over Coffee Lands Ltd (CLL) and Asian Coffee Ltd
(ACL), and merge its 100 per cent subsidiary Veerarajendra
Estates Ltd (VEL) along with CLL's 100 per cent subsidiary
Charagni Ltd retrospectively from April 1, 1998.

- The company proposes to set up additional Tata Cafe branded
coffee vending machines this fiscal. To increase the business
volume of coffee, the company will enhance its institutional
contacts as well.

- CCL has recently entered into timer value addition industry by
getting its silver oak timber converted into plywoods of
different types.

1999 - The company has a coffee-curing capacity of over 32,000 tonne per
annum spanning three choice locations in South India.

- TATA TEA subsidiary Consolidated Coffee (Conscofe) is launching
the country's first aroma valve-pack, incorporating Italian
technology, where you can smell the coffee at the time of
purchase without any disruption in the product's shelf-life.

2000 - The Company has entered into two tripartite agreements with NSDL,
CDSL and TSRL for dematerialisation of securities.

- ICRA has assigned 'MAA+' rating indicating highest safety to the
Rs 32-crore non convertible debenture programme of the Company.

- The Company has entered into a Brand Equity - Business Promotion
Agreement with Tata Sons Ltd. and will soon be using the group
composite mark in all its operations.

- Consolidated Coffee, Asia's largest coffee plantation company, has
changed its name to Tata Coffee Ltd. with effect from 11th August.

- Consolidated Coffee Ltd, is drawing up its e-commerce strategy to set up
the country's first business-to-business (B2B) and business-to-consumer
(B2C) portal for coffee.

- The company has signed an Agreement for the sale of its entire Equity
holdings in Saptarishi Agro Industires Ltd., to Global Green Company Limited,
New Delhi.

- The company has acquired a coffee estate in Kodagu viz., Coovercolly Estate,
comprising of 1320.88 acres from Kothari Industrial Corporation Limited.

2001 - Icra has assigned A1+ rating for the enhanced Rs 20 crore commercial paper
programme of Tata Coffee. Icra has also retained the MAA+ rating indicating high
safety assigned to the Rs 32 crore medium term NCD programme.

2002

-launched its new product 'Mr Bean', a filter coffee with a blend of 53 per cent coffee and 47 per cent chicory, in Kerala

2003

-approved delisting of shares from Stock Exchanges at Chennai Bangalore and Hyderabad.

-Tata Tea Ltd, has announced the acquisition of Highhill Coffee India Pvt. However, the cost of acquisition could not be ascertained

- High Court of Karnataka has approved the Scheme of Amalgamation of the Company's wholly owned subsidiary, Conscofe Investment Ltd with the Company with effect from April 1, 2003

-Mr. M R Pai, director of the company, passes away on July 3, 2003

2004

-Tata Coffee wins gold medal for best robusta at Paris

-Tata Coffee inks pact with Starbuck for Arabica supply

2005

- Bags all-India as well as regional awards at the 'Flavour of India-Fine Cup Award Cupping Competition 2005' organised by the Coffee Board of India.

- Tata Coffee has acquired six estates (one coffee and five tea) in South India for Rs 55 crore from Tata Tea Limited
 
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