ETP Corporation Ltd. कंपनी का इतिहास और वार्षिक वृद्धि विवरण

YEAR EVENTS
1985 - The company was incorporated on 29th January, at Mumbai. The
name of Pratibha Mercantile Co. Ltd., and obtained the
Certificate for Commencement of Business on 4th February.

- The main objects of the company is Business of exporters,
importers, retailers, merchants, commission agents and trading.

- 70 Equity shares issued for cash at par. 2,48,930 equity shares
of Rs. 10 each then issued at par of which 98,930 shares reserved
for allotment to directors, their friends, etc. The remaining
1,50,000 shares offered for public subscription.

1989 - 2,49,000 Rights equity shares of Rs. 10 each offered for cash at
par in prop. 1:1 on 0.8.1986.

1990 - 9,96,000 Rights equity shares of Rs. 10 each offered for cash at
par in prop. 2:1.

1991 - The company acquired on lease, black quarry granite mines in
Rejani, Rajasthan. Negotiation with Carl Mayor of Germany for
finalisation of machinery to process rough blocks into slabs and
tiles, reached an advanced stage.

- The company entered into the field of exporting granites to the
tune of U.S. $ 285,000, for which the company negotiating to
takeover of Suporiya Granites Pvt. Ltd. a well equipped Granite
factory near Vijayawada with all the modern hi-tech machines and
equipments to achieve the target of Granite Exports.

- Effective 14th August, the name of the Company was changed from
Pratibha Mercantile Co. Ltd., to Esquire Tea Plantation &
Industries Ltd. The name of the company again changed from
Esquire Tea Plantation & Industries Ltd. to ETP Corporation Ltd.
A fresh Certificate of incorporation on consequent of change of
name has been obtained.

1992 - 4,48,000 Bonus Equity shares allotted in prop. 3:10 on 2.11.1992.

1993 - The company acquired land on lease in tax holiday zone at Daman
for setting up a most modern tea packaging unit. Also the
company was in the process of finalising and placing an order for
plant and machinery for manufacturing its own brand of packed tea
(Richmonde/Macmillan) in pouches and tea bags shortly. In
addition, the company expanded its capacity substantially in the
field of plantations of large variety of fruits, vegetables and
orchard on a piece of leasehold land admeasuring 3500 acres in
the hill belt of U.P. The Daman project was withdrawn due to
adverse situation in the tea industry.

- 37,50,000 No. of equity shares of Rs. 10 each credited as fully
paid-up pursuant to the scheme of amalgamation of Macmillan Tea
Exports.

1994 - Due to turbulent conditions in the tea industry, production
declined both in North & South as compared to previous year.
Auction prices dipped severly ending the profitability. The
package tea introduced in the previous year was taken off to
curb losses.

- The company allotted 58,07,800 No. of equity shares of Rs. 10
each at a premium of Rs. 90 per share on preferential basis to
promoters and their associates.

- Subject the necessary approvals being obtained, the company
merged the Macmillan Tea Exports Ltd., with itself.

- Swaroop Tea (India) Pvt. Ltd., and Anand Green Leaves Pvt. Ltd.,
are wholly owned subsidiaries of the Company.

1995 - The company's performance suffered a setback on account of
prolonged sluggishness in the financial service sector. The
company persuaded its activities in the area of merchant exports
and commenced exports of rice to Russia under the brand name
"Milan Rice:. The company's departure from tea business to
merchant exports was with a view to consolidate itself. It was
also proposed to pursue investment banking.

- 58,07,800 No. of equity shares of Rs. 10 each at a premium of Rs.
90 per share allotted on preferential basis to promoters and
their associates.

2003 -Shareholders Grievances Cell is shifted at the under mentioned address: 4F2, Court Chamers, 35, New Marine Line, Mumbai 400 023; Tel No: 22006469.

2008

-E-mail ID for Investors Complaints :[email protected]

2012
-Etp Corporation Ltd has informed that Mr. Shivaji Laxman Jambhale & Mr. Roshan Shivaji Jambahle has been appointed as an Additional Directors of the company.

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