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CCL PRODUCTS INDIA LTD.

04 December 2024 | 02:04

Industry >> Tea & Coffee

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ISIN No INE421D01022 BSE Code / NSE Code 519600 / CCL Book Value (Rs.) 125.36 Face Value 2.00
Bookclosure 13/09/2024 52Week High 855 EPS 18.73 P/E 42.74
Market Cap. 10687.57 Cr. 52Week Low 552 P/BV / Div Yield (%) 6.38 / 0.56 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
YEAR EVENTS 1961 - Continental Coffee Limited was incorporated under the name of "The Sahayak Finance & Investment Corporation Limited" as a Public Limited Company. The Company was engaged in the business of hire purchase financing.

1993 - The Company changed its business to coffee related products and also its name to the present one, promoted by S.R.Y. Ankineedu Prasad, R.M. Seshadri and associates. Company's project was implemented by C. Rajendra Prasad.

- The Company is engaged in predominantly export oriented project for the manufacture of soluble coffee (Instant Coffee) with an installed capacity of 3600 MT per annum based on the world renowned Brazilian technology.

1995 - As on June, The Company offered 27,00,000 No. of Equity shares of Rs 10 each at a premium of Rs 10 per share to the existing shareholders through prospectus in the ratio of 1:3 (all were taken up).

- On 3rd August, the Company offered 27,00,000 No. of equity shares of Rs 10 each through public issue. Of which 4,75,000 shares were offered to NRI's on Preferential allotment basis of which only 2,77,400 shares were allotted. 1,73,000 shares were allotted on firm allotment basis to NRIs. Another 5,40,000 shares were allotted on firm allotment basis to financial institution. Another 5,00,000 shares were allotted to Mutual Funds.

- 19,000 shares were offered on Preferential basis to employees of which only 1400 were allotted. Balance 9,93,000 shares along with 17,600 shares being unsubscribed portion from the employees quota were allotted to the public.

2001- The company has informed that Mr. Ian Breminer, Foreign Collaborator and Director has acquired 7,66,557shares of the company from the another Foreign Collaborator M/s. Brazilian Food Product, which constitutes5.762% of the paid up share capital of the company.

2002-Chintapalli Sirisha appointed as Company Secretary of Continental Coffee.

-Members of the Exchange are hereby informed that Continental Coffee Ltd has reissued 7,66,000 equity shares which were earlier forfeited by the Company due to non-payment of allotment/call monies.

2003 - Delisting of equity shares of the company from Madras, Calcutta & Hyderabad Stock Exchanges.

2004

-CCL Products India Ltd has informed that Sri MS Narayanan, IRS, Retd Chairman of Central Board of Direct Taxes (CBDT), present Chairman of the company passed away on June 19, 2004 due to illness

-Ccl Products (India) Limited has informed that on June 24, 2004, the Company's Managing Director has led a foreign delegation from Denmark and U.K. and signed an MOU between the company and M/s. NIRO A/S, Denmark and M/s Strategic Soluble Services Ltd. U.K.

2005

- Mrs. C. Shantha Prasad promoter of the Company has acquired 6,00,000 equity shares equivalent to 4.51% of Paid-up Share Capital of the Company from NRIs.

2006

- CCL Products reports Rs 10.56cr net profit growth.

- CCL all set for Rs 200-crore capex

2007

-CCL Products enters into JVA with Jyothy Laboratories

- CCL Products india Ltd. Appointed Mr. Zafar Saifullah, IAS (Retd), Former Cabinet Secretary as an Additional Director of the Company.

2008

- CCL Products (India) Ltd Appointed Mrs. E.T.Shilpa as Company Secretary of the Company

2009

- CCL Products Board recommends Dividend of Re 1/- per equity share of Rs 10/- each i.e. 10% dividend for the financial year 2008-09.

2010

- CCL Products india ltd has been re-appointed Mr. Chalia Srishan as the Executive Director of the Company.

- CCL Products india Ltd Board recommends Dividend of Rs. 1.50 per equity share of Rs. 10/- each i.e. 15% dividend for the financial year 2009-10.

- CCL Products (India) Ltd Appointed Ms. Nagulavari Vanitha as Company Secretary of the Company.

2011

- CCL Products (India) Ltd Appointed Ms. Ms. Geetha Shashidhar as Company Secretary of the Company.

- CCL Products (India) Ltd - Board recommends Dividend@20%

2012

- CCL Products (India) Ltd - Board recommends Dividend of Rs. 5/- per equity share of Rs. 10/- each i.e. 50% for the financial year 2011-12.

- CCL Products Ltd Appointed Ms. Sridevi Dasari as a Company Secretary of the Company and Compliance Officer.

2013
-Dr. D. Purandeswari has inaugurated the Companys State-of-the-Art instant coffee manufacturing Plant at Dak Lak Province.
-CCL Products India has announces bonus in the ratio of 1:1
-CCL Products India has splits its face value from Rs 10/- to 2/-
                                                                                                   
2014
-The Coffee Board of India, Bangalore has awarded CCL Products (India) Limited.
2016

-CCL Products (India) Ltd. has informed that, at its meeting held on May 02, 2016 has : (1) It has been decided to set up a SEZ at Kuvakolli Village in Chittoor District, Andhra Pradesh for setting up of a Greenfield Freeze Dried Plant with a capacity of 5000 Mts per annum at a project outlay of 40 Million USD. (2) The Board taken on record the completion of expansion of Plant capacity at Duggirala, Andhra Pradesh from 15000 Mts to 20000 Mts per annum.

2017

-CCL Products (India) Limited has informed the Exchange regarding 'We would like to inform you that the Development Commissioner of Visakhapatnam Special Economic Zone has given approval to the Company for setting up of Freeze Dried Instant Coffee manufacturing unit in the sector specific Special Economic Zone developed by M/s. CCL Products (India) Limited at Kuvakolli Village, Varadaiah Palem Mandal, Chittoor District, Andhra Pradesh.This is for your information and necessary records.'.

2019

CCL Products (India) Limited has informed that 'Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015- Commencement of Commercial Operations'.

-Scheme of Arrangement In continuation to the announcement made by the Company on 20th October, 2020, regarding merger of CCL Beverages Private Limited, Wholly Owned Subsidiary of the Company into CCL Products (India) Limited, Parent Company, by the Board of Directors, and pursuant to Regulation 30(2), Para A of Part A of Schedule III of the SEBI(LODR) Regulations, 2015,

2022

-CCL Products, the world's largest private label coffee manufacturer, turns into a billion dollar company now.

2023

-Company has been conferred with third rank in Best Industry category of the 4th National Water Awards, 2022.