- CEO
- Indrajit Roy
- Full Time Employees
- 2,818
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- 21, Strand Road Kolkata WB India 700001
- IPO Date
- May 14, 2008
- Business
- Shri Vasuprada Plantations Ltd, formerly Joonktollee Tea & Industries Ltd and founded in 1874 to manage a tea estate in Upper Assam, engages in the cultivation, manufacturing and sale of tea, coffee and rubber products across India. Headquartered in Kolkata, West Bengal, the company produces approximately 5.5 million kilograms of high-quality CTC and Orthodox teas from eight estates in Assam, Kerala and Karnataka; parchment coffee, primarily pulped, naturally fermented and washed, with 80% of output in this form from Karnataka estates; and rubber products including stabilized concentrated latex, smoked sheets, crepes and crumb/block rubber in various grades from Kerala estates. It also cultivates ancillary crops such as pepper, cardamom and areca, serving domestic and export markets with a focus on quality buyers in India and overseas. The company changed its name to Shri Vasuprada Plantations Ltd in 2022 to reflect its diversified plantation identity and commitment to Mother Earth as the bestower of wealth, under ownership of the Bangur family; it maintains one wholly-owned subsidiary, Keshava Plantations Pvt Ltd, and one associate, The Cochin Malabar Estates and Industries Ltd, while pursuing sustainability, strategic expansions and technological adaptability ahead of its 150th anniversary in financial year 2024-25. Recent activities include regular board approvals for financial results and credit ratings, alongside compliance with governance norms for related party transactions and trading window closures.