Asian Tea & Exports Share Price

Asian Tea Exports Limited was originally incorporated as Sita Plantations Private Limited as a Private limited company in 1987. Company was converted into a Public Limited Company and the name of the Company was changed to Sita Plantations Limited and later to the current name Asian Tea Exports Limited vide certified dated April 12, 1994. Asian Tea Exports is a leading House of Tea. The Company is engaged in the Business of sale of made tea, Fibre Boards, Elevators, Yellow Peas, Rice, Pulses etc. They are recognised by the Government of India as a Star Export House. The Promoters set up a tea plantation covering an area of 100 hectares (250 acres) of agricultural land in the Sathkamar and Kukurjan villages of Rajganj Block in Jalpaiguri District of West Bengal. The land was acquired between November 89 and November 90 and the plantation commenced in May, 1991. It acquired additional agricultural land of 250 hectares for development and tea plantation. The Company is also engaged in International and Domestic Trade of Foodstuff and other commodities. A variety of Pulses like Yellow Peas, Pigeon Peas (Toor), Red Lentils (Masoor), Udat and Soyabean, Cashew Nut etc. are traded internationally with countries like Russia, Ukraine, Lithuania, Canada, Argentina, Tanzania, Mozambique, Benin, Burma others. Besides, Asian Tea are one of the largest exporter of teas to Kazakhstan and Middle East. The Asian Group owns some of the finest tea gardens in North India Matigara Tea Estate, located in the Darjeeling district producing both Black Green Tea, Ligripookrie Tea Estate, located in Sivasagar Dist. in Assam which produces the best quality Orthodox and CTC teas, Indong Tea Estate producing high quality CTC tea in Dooars region and Doyapore Tea Estate in Cachar, Assam. The plantations consists of new tea bushes using the latest variety of clones well researched for yielding very good quality tea. The tea bushes are kept at their peak of health with loving care and constant monitoring.There are three different types of teas produced Black Tea, Green Tea and Oolong Tea. Black Tea with two varieties The traditional Orthodox (leaf) tea and the modern process of CTC (granular) tea is the most popularly consumed in the world followed by Green Tea and oolong tea. Tea produced results in four different sieved qualities Leaf Tea, Broken Tea, Fannings and Dust. The tea production plant is located on the tea estate, so that freshly picked tea leaves are processed immediately as the first step to superior quality.