875.55 -22.05(-2.46%)
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CCL Products (India) Limited, formerly known as Continental Coffee Limited, was incorporated as Public limited company on March 22nd, 1961. Initially the company's business was related to Hire purchase financing activities; subsequently the company diversified its activities and added 'Coffee, Instant Coffee and related products and manufacture thereof' to its 'Object Clause'. Subsequently, the name of the company was changed from 'The Sahayak Finance & Investment Corporation Limited' to 'Continental Coffee Limited' and further to CCL Products (India) Limited from Continental Coffee Limited on July 16, 2003.The Company is engaged in the production, trading and distribution of Coffee. The Company has business operations mainly in India, Vietnam and Switzerland. The company started commercial production of coffee on 9th April 1995 with a capacity of 3600 Mts.The company came out with a public issue in June 1995. The company had a Rights issue of Rs.800 lakhs at par to the existing shareholders of the company, which opened on 15.04.1994 and closed on 08.06.1994.During 1998-99, the company divested the shares held by it in Continental Coffee industries (UK) PLC, a joint venture in the UK.The company has won the 'Second Best Exporter' award from the Vishakapatnam Expor...