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What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Arcuttipore Tea Company (ATL) was incorporated in 1869. Gillanders Arbuthnot & Company, which was looking after the management of the company as managing agent, resigned in 1956 and the management was taken over by a board of directors comprising the present promoter U S Bijoria and others. The company owned a tea estate at Silchar (Cachar district), Assam. The yield per hectare has increased from 400 kg to 2450 kg due to efforts made by the management. ATL came out with a Rs. 6 crores public issue at a premium of Rs. 30 in Mar'95 to part-finance a Rs. 10 crores project to increase the capacity from 7 lac kg pa to 14 lac kg pa and to diversify into tea exports, teak plantation and black pepper.