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WILLIAMSON MAGOR & COMPANY LTD.

21 January 2025 | 03:54

Industry >> Finance & Investments

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ISIN No INE210A01017 BSE Code / NSE Code 519224 / WILLAMAGOR Book Value (Rs.) -62.61 Face Value 10.00
Bookclosure 26/09/2019 52Week High 46 EPS 0.00 P/E 0.00
Market Cap. 38.57 Cr. 52Week Low 30 P/BV / Div Yield (%) -0.56 / 0.00 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 1949 - The Company was established on 10th March, at Calcutta. The Company was formed by the merger of two of the Inchcape family firms viz. Macneill & Co., & Barry & Co. The Company is engaged is the Business of agents, distributors, Registrars, merchants, tea warehousemen, apart from cultivation, manufacture, sale and export of tea.

1956 - The Company acquired Kilburn & Co. Ltd. which was subsequently amalgamated with the Company on 18th March 1968.

1968 - The Bukhial Tea Estates Ltd., & The Divai Tea Co. Ltd., were amalgamated with the Company on 2nd November.

1970 - Baghjan Tea Co. (1935) Ltd. & Precision Tools India Ltd., were amalgamated with this Company on 31st March & 8th May 1973 respectively.

1974 - Williamson Magor & Co. Ltd. was amalgamated with the Company effective 1st January.

1975 - The name of the company was changed from Macneill & Barry Ltd. to Macneil Magor Ltd. effective from 21st April.

1976 - Effective 31st December, Gohpur Tea Co. Ltd., The New Assam Valley Tea Co. Ltd. & The New Monknooshi Tea Co. Ltd. were amalgamated with the Company.

1992 - The name of the Company has been changed to the present one with effect from 12th May.

1993 - Pursuant to the Scheme of Amalgamation, 72,31,000 No. of equity shares were allotted to the erstwhile holders of the Glenburn & Leyia tea estates.

- Fairlie Place Services Ltd., Woodside Parks Ltd., Dirai Investments Ltd., Mejerhat Estates 7 Developers Ltd., Portside Estates Ltd., Rupajuli Company (India) Ltd. and The Bishnauth Tea Company Ltd. are the Subsidiaries of the company.

- 84,78,180 No. of equity shares issued for consideration other than cash. 54,78,180 bonus equity shares issued in prop. 1:1.

2002-D Khaitan ceases to be MD of Williamson Magor & Co.

2003

- Mr. D K Pal of ICICI Bank Ltd has joined the BoD as a nominee of ICICI Bank Ltd.

2006

-Williamson Magor enters into Non-compete Agreement with Flender

2008

- Williamson Magor & Co Ltd has appointed Mr. D. Pal Chowdhury as Manager of the Company for a period of 1 year with effect from April 01, 2008.

2009

- Williamson Magor & Co Ltd has informed that Mr. Bharat Bajoria has been appointed as an Independent Director of the Company with effect from December 18, 2008.

- Williamson Magor & Company Ltd has appointed Mr. H M Parekh as an Independent Director of the Company with effect from March 30, 2009.

2010

- Mr. D. Pal Choudhury has been reappointed as Manager of the Company.

2013

- Re-appointment of Mr. D. Pal Choudhury as the Manager of the Company.

- Williamson Magor auctions 51% stake in two of its subsidiaries.

2014

- Mr. Tuladri Mallick has been appointed as the Manager and the Chief Financial Officer (CFO) of the Company.