YEAR EVENTS 1977 - The company was incorporated on 14th June and the certificate of commencement of business was obtained on 27th June. It was formed to take over the Indian business and assets of 8 sterling tea companies comprising 17 tea estates. - In terms of the scheme of Amalgamation sanctioned by the Calcutta High Court the company acquired the Indian undertakings of the sterling companies as a going concern with all their assets and liabilities as at the close of business on 31st December. The company carries on cultivation of tea and coffee plantations. - Eight sterling tea companies viz., The Assam-Doors Tea Co. Ltd., Hope Tea Co. Ltd., The Lebong Chulsa Tea Co. Ltd., The British Darjeeling Tea Co. Ltd., The Chulsa Tea Co. Ltd., The Leesh River Tea Co. Ltd., The Danguajhar Tea Co. Ltd., and The Meenglas Tea Co. Ltd., were amalgamated with the Company with from 31st December. - 14,43,000 No. of equity shares were allotted by the Company to Assam-Dooars Investments Ltd., U.K. and 7,77,000 No. of equity shares of Rs 10 each to Western-Dooars Investments Ltd., U.K. The balance consideration of Rs 60.2 lakhs was retained by the Company as interest free unsecured loan from (i) Assam-Dooars Investment Ltd., U.K. (ii) Western-Dooars Investments Ltd., U.K. both repayble in five equal instalments and the first of such instalments fell due on 1st January, 1979. 1979 - 7,79,986 shares issued for cash at par. 60,000 shares to public financial institutions (20,000 shares each to UTI, LIC & GIC); 59,986 shares to directors, employees and business associates of the Company who are resident Indian nationals and 6,60,000 shares to the public during July-August. 1983 - 6,00,000 bonus equity shares issued in prop. 1:5. 1986 - 36,00,000 bonus equity shares issued in prop. 1:1. 1989 - 36,00,000 bonus shares issued in prop. 1:2. 1991 - 108,00,000 bonus equity shares issued in prop. 1:1. 1992 - Effective 18th May, Tiru Tea Ltd., which has tea estates in the Darjeeling district of W. Bengal, became a subsidiary of the Company. 1994 - The Company's instant tea project with a capacity of 6,00,000 kgs of instant tea powder of both cold and hot water soluble variety made substantial progress. - The Company received an offer from Himalaya Tea Garden & Farming (Pvt.) Ltd., Nepal to participate in its equity as a joint venture partner and play a role with expansion and modernisation scheme. 1995 - The Company in participation with other major Tea Companies in India, invested in a joint venture company (JVC) project India Blend Pvt. Ltd. This JVC will create a brand image of Indian Tea for sustained exports to the Russian market. 2003 -The Company is restructuring its operations in Darjeeling by selling off unviable tea estates and simultaneously trying to acquire good tea gardens. -Mr. BN Ghosh, the present Vice President (Finance) of the Company, as Wholetime Director (Finance) of the Company, effective January 1, 2004. 2004 - Has re-appointed Mr. K S David as Managing Director of the Company. 2005 - Tea major Goodricke plans new exclusive brand for south India. - Appointed Mr. Prodosh Kumar Sen as an Independent Non-executive Director. 2008 - Appointed Mr. A N Singh as Managing Director & Chief Executive Officer (MD & CEO). 2009 - Mr. P J Field has been appointed as Non-executive Director. 2011 - Re-appointed Mr. Arun Narain Singh as Managing Director & Chief Executive Officer (MD & C.E.O). 2012 -The Company has recommended a Dividend of Rupees 4/- per share (40%) -Mr. Subrata Banerjee has joined the Company as Company Secretary w.e.f. June 03, 2013 and will act as Compliance Officer of the Company. 2014 -The Company has recommended a Dividend of Rupees 4.50 per share (45%) subject to approval of the General Body to be paid on and from April 17, 2014. -Tea Research Association collaborates with Crop Care Foundation in order to tackle New Pests -New Tea Outlet Inauguration 2015 -Goodricke Group Ltd Recieved "Top 50 Most Promising CIO Awards" at Bangalore. -Goodricke Group Ltd organized a health camp for small tea growers and their families. -Goodricke Group Ltd are Proud suppliers of packaged tea to prestigious institutions. -Goodricke Group Ltd organized a camp for the expecting mothers in our labour force. -Goodricke organizes the 5th Free Orthopedic Corrective Surgery Camp. 2016 -Goodricke launches its tea lounge at one of the Group's premium tea estate- Margaret's Hope -Goodricke Celebrities learn tea tasting at Goodricke Tea Pot, Park Plaza -Goodricke Group Ltd was awarded CST & Solar Cooker Excellence Awards 2016 2017 - Godfrey Phillips exits tea biz: sells 8 brands to Goodricke - Goodricke Group has entered into an agreement to acquire the brands of Godfrey Phillips India (GPI) for a consideration of Rs 20 crore. -Purple Tea from Barnesbeg won the King Award at North East Tea conclave at Guwahati 2018 -The Company acquires the leasehold right and specified assets of Harchurah Tea Estate owned by Mcleod Russel India Ltd. 2019 -Gold Medal - World Black Tea Quality Evaluation -China 2020 -Margaret's Deck Tea Lounge a 2020 Traveler's Choice Winner on Tripadvisor