Joonktollee Tea & Industries has taken over Shreemoni Tea Factory situated at Tinkhong, Rajgarh district in Assam having a capacity to produce 12 lakh kilograms of made tea per annum, from Dhunseri Petrochem & Tea on February 20, 2013 at a total consideration of Rs 7.65 crore.
Last year in October, Joonktollee Tea & Industries had entered into an agreement with Dhunseri Petrochem & Tea for acquisition of Sreemoni Tea Factory, Assam.
Joonktollee Tea & Industries (JTIL) is a leader in producing quality teas and has one of the best Assam CTC Mark in North India. The Company has diversified its areas of operation and as of today it also deals in other plantation crops, viz., coffee, pepper, cardamom, areca, vanilla etc.
| Company Name | CMP |
|---|---|
| Tata Consumer Prod. | 1131.05 |
| CCL Products (India) | 1162.45 |
| Mcleod Russel India | 60.09 |
| Goodricke Group | 187.35 |
| Jay Shree Tea &Inds. | 89.50 |
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