Cochin Malabar Estates & Industries Ltd. Company History and Annual Growth Details

YEAR EVENTS
1930 - The Company was incorporated on 14th March. The Company was
formed in 1930 by the amalgamation of Eddivanna Rubber & Tea
Co. Ltd., Kinalur Rubber Co. Ltd., and Kuttiadi Rubber Co. Ltd.
The Sampanji Estate was acquired by the Company Later.

- The Company undertook to set up an Electronic Smoke Detector
factory in Collaboration with a reputed U.S. firm for which the
necessary applications were made to Government.

- The Pullikanam Tea Estate Ltd. is a subsidiary of the Company.

1952 - 2,39,225 Bonus Equity shares issued in the prop. 2:3.

1957 - 2,99,031 Bonus Equity shares issued in prop. 1:2. Note: Pref.
shares carry a dividend of 7.06% since 1960.

1967 - 1,79,419 Bonus Equity shares issued in prop. 1:5.

1974 - With effect from 28th February, the name of the Company was
changed from the Cochin Malabar Estate Ltd. to the present one.

1975 - 10,76,512 Bonus Equity shares issued in prop. 2:5.

1979 - 15,07,117 No. of Equity shares of Rs 3 each consolidated into
4,52,135 No. of Equity shares of Rs 10 each. 3,01,423 Bonus
Equity shares issued in prop. 2:3.

1983 - Pref. shares of Rs 50 each consolidated into shares of Rs 100
each.

1984 - The Fire Engineering Division entered the field of security
systems.

1989 - Dividend on Pref. shares enhanced to 12% since 1986. 7,53,558
rights equity shares issued at par in prop. 1:1. 1,13,033
additional shares allotted to retain oversubscription. Another
37,474 No. of equity shares allotted at par to employees (Stock
option Scheme).

1993 - 1,133-12% Pref. shares redeemed.

1994 - The company entered into an MOU with Kerala State Industrial
Development Corporation Ltd. for setting up an industrial growth
centre in Kinalur at Balussery, Kozikode district in 314 acres of
land belonging to the Company. The Company would have a stake of
51% in the joint venture with KSIDC.

1995 - The Company decided to participate in a joint venture with Kerala
State Industrial Development Corporation Ltd. to set up
Industrial Growth Centre at Kanalur.

1997 - The company undertook to set up an Electronic Smoke Detector
factory in collaboration with a reputed U.S. firm for which the
necessary applications were made to Government.

- It was also decided to enter into the full range of fighting and
prevention systems in due course.

- As at 31st March, the Company held 5,90,000 No. of equity shares
of Rs 10 each out of 9,90,000 No. of equity shares issued by the
subsidiary.

- The Pullikanam Tea Estates, Ltd., was merged with the company as
per the orders of the High Court of Kerala. In terms of the
Scheme of Amalgamation, 1,14,285 No. of equity shares of the
Company were allotted to the shareholders in the prop. of 2
shares of the Company to 7 shares held in Pullikanam Tea Estates,
Ltd.

2010

--Registered Office of the Company has been shifted to 21, Strand Road, Kolkata - 700001, West Bengal.

2012

-"Cochin Plantation Division" of the Company would demerge and merge with "Joonktollee Tea & Industries Ltd.", the Holding Company.

2014

-Shri B. L. Surana has been appointed as a Independent Director of the Company.

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