Annual report for Jay Shree Tea & Industries Ltd. for FY-2010
29-04-2010
Board recommends Dividend & approves Stock-split
Jay Shree Tea & Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 28, 2010, have recommended a dividend for the year 2009-10 @ Rs. 6/- (Rupees Six only) per Share on the paid up equity share capital of the company.Further the Company has informed that the Board has also discussed and approved the following important matter :...28-04-2010
Financial Results for Mar 31, 2010
Jay Shree Tea & Industries Ltd has informed BSE bout the Financial Results for the Quarter & Year ended March 31, 2010.28-04-2010
Board to consider Stock Split
With reference to the earlier announcement dated April 20, 2010, regarding Board to consider Dividend, Jay Shree Tea & Industries Ltd has now informed BSE that the following matters shall also be considered in the said Board Meeting:1. Acquisition of 100% shares of Kijura Tea Co. Ltd., Uganda, East Africa by the Company through its investment arm, Birla Holdings Ltd., Dubai....26-04-2010
Board to consider Dividend
Jay Shree Tea & Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 28, 2010, inter alia, to consider the following:1. To consider and approve the Profit & Loss Account and Balance Sheet of the Company for the year ended March 31, 2010.2. To recommend dividend for the year 2009-10 on equity shares.20-04-2010
Press Release
Jay Shree Tea & Industries Ltd has informed BSE that in the Board Meeting of the Company held on March 30, 2010, the Memorandum of Understanding (MOU) entered into with the shareholders M. P. Chini Industries Ltd. to acquire 100% paid up share capital of the said company at a price of Rs. 112.50 crore (Rupees one hundred twelve crore and fifty lac only) has been approved....30-03-2010
Board Meeting on Mar 30, 2010
Jay Shree Tea & Industries Ltd has informed BSE that the Company is in the process of acquiring 100% shares in M.P.Chini Industries Ltd., an unlisted sugar Company with a capacity of 4600 TCD at Majhaulia in Bihar. The Company is also having a cogen of 6 MW for captive use. The acquisition cost of Rs. 112.50 crore (one hundred twelve crore and fifty lac only) is being funded through, a mix of internal accruals and debts. The process of acquisition is likely to culminate in six weeks' time....22-03-2010
Clarification
With reference to news item appearing in leading financial daily titled "Jay Shree Tea lines up Rs. 120 Cr for acquisition, Jay Shree Tea & Industries Ltd has clarified to BSE that the reporters have inserted news based on certain assumptions and presumptions. From the wording i.e. "poised to acquire", the market grapevine indicates" are certainly assumptions of the news reporter and it is difficult for the Company to give comment on that, unless...18-03-2010
Limited Review for the quarter ended Dec 31, 2009
Jay Shree Tea & Industries Ltd has informed BSE that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended December 31, 2009.02-03-2010
Jay Shree Tea - Updates
Jay Shree Tea & Industries Ltd has informed BSE that :1. The Company has entered into an agreement with Assam Tea Corporation Ltd for purchase of green leaf of Longai & ishabheel Tea Estates and to operate its Longai Tea Factory having a capacity to manufacture around 10 lac kg of tea per annum w.e.f. the season commencing March, 2010....22-01-2010