News & Announcements

Pursuant to Regulation 30(5) of the Securities and exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors, in its meeting held on 14th November 2015, authorised Mrs Anuradha Kanoria, Whole time Director and Mr. Subhra Kanta Parhi, Chief Financial Officer for the purpose of determining materiality of an event or information and Mr. A K Gangopadhyay, Company Secretary and Compliance Officer for disclosing the same to Stock Exchanges accordingly.

They may be contacted at email id: contact@kancotea.in /compliance@kancotea.in and telephone no. (033) 22815217.

The notice for suspension of work issued on 7th November, 2015 has been revoked with effect from 16th November 2015, pursuant to favourable outcome of conciliation proceedings held at S.D.O office (Civil Nazira).

Pursuant to Clause 41 of the Listing Agreement with the Stock Exchanges, Notice is hereby given that Meeting of the Board of Directors of the Company will be held on Saturday, 14th November, 2015, to consider inter alia and take on record, the Un-audited Financial Results of the Company for the quarter ended 30th September 2015. 

As per the Company’s Internal Code for Prevention of Insider Trading, the trading window for dealing in the securities of the Company is closed from 7th November 2015 till 16th November, 2015.

This is to inform you that there has been multiple incidents of labour indiscipline at its Lakmijan Tea Estate, P.O Nazira, Sibasagar, Assam—785658 and therefore the management was compelled to declare “Suspension of Work” at Lakmijan Tea Estate with effect from 07.11.2015 until further order.

Agricultural Projects

Vermicompost

Healthy Soils = Healthy Plants = Healthy Environment = Healthy Society
Developing Vermicompost is an Initiative taken by the company in order to produce enough organic manure so as to reduce the dependence and usage of chemical fertilizers. Promoting sustainable development and environment friendly practices on the tea estate, the company is discouraging the usage of abrasive, harmful and high residue chemicals. We have initiated an environment friendly scheme of composting organic matter by use of earthworms. The breeding and propagation of earthworms and the use of its casting has become an important method of waste recycling throughout world.

Advantages of Vermicomposting:

  • Vermicompost is an ecofriendly natural fertilizer prepared from biodegradable organic waste and is free from chemical inputs
  • It does not have any adverse effect on soil, plant and environment
  • It improves soil aeration, texture and tilth thereby reducing soil compaction
  • It improves water retention capacity of soil because of its high organic matter content
  • It improves better root growth and nutrient absorption
  • It improves nutrient status of soil - both macro-nutrients and micro-nutrients
  • Increased disease resistance in plants: healthier plants are less vulnerable to pests and disease, in turn reducing pesticide use

Soil Conservation

The Company promotes methods of growing tea using sound environmental practices that encourage bio-diversity and healthy soils. We practice soil and water conservation through vermi composting and soil rehabilitation by planting green crops.

We have been undertaking Uprooting & Replanting programme in a phased manner since the early 1995's. We feel that to optimize the yield of the tea estates, the low yield sections and the sections above 50 years age needs to be uprooted and replanted

Protection of Environment

Our uprooting program allows us to use the wood from the tea bushes otherwise useless to us and provide this as firewood to the workers minimizing the environmental damage and trying to maintain the natural balance in the eco system.

We strive to reduce the environmental impact from the use of pesticides and herbicides by only using environmentally friendly chemicals that excludes Ethion, Tetradifon, Monocrotophos, etc. and so eliminate even small traces of harmful residues. We ensure, through strict management supervision, that tight controls are achieved for both the methods of application and the frequency of use of universally approved chemicals, so the effect on our tea gardens' indigenous flora and fauna is minimised.

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