CCL PRODUCTS (INDIA) LTD. SHARE PRICE [LIVE]
BSE: INE421D01022 NSE: CCL SECTOR: Tea/Coffee
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About CCL
Today's live share price for CCL PRODUCTS (INDIA) LTD. is NSE: ₹ 349.85, BSE: ₹ 349.45 with a current market capitalization of .
CCL Products India Ltd, formerly known as Continental Coffee Limited, was incorporated as Public limited company in 1961.. Intitally the company's business was related to Hirepurchase financing activities, subsequently the company diversified its activities and added 'Coffee, Instant Coffee and related products and manufacture thereof' to its 'Object Clause'. Subsequently, the name of the company was also changed from 'The Sahayak Finance & Investment Corporation Ltd' to 'Continental Coffee Limited', At present the company is engaged in the manufacture of Coffee. The company started commercial production of coffee on 9th April, 1995 with a capacity of 3600 Mts. The company has its plant located at Somajiguda in Hyderabad. The company came out with a public issue in June 1995. The company had a Rights issue of Rs.800 lakhs at par to the existing shareholders of the company, which opened on 15.04.1994 and closed on 08.06.1994. During 1998-99, the company divested the shares held by it in Continental Coffee industries (UK) PLC, a joint venture in the UK. The company has won the 'Second Best Exporter' award from the VishakapatnamExport Processing Zone(VEPZ) among 100% EOUs in Andhra Pradesh & Yanam forthe excellent Export performance for the year 2000-01. During 2002-03 the company acquired 49% stake in Associated Coffee Merchants(International) Ltd and the consideration made was Rs.481.44 lakhs. The new Freeze Dried Coffee plant erection is going as per schedule and the production is expected to commence by October/November 2005. Expansion of spray Dried Coffee is also taken up during the year 2004-2005.
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