Originally incorporated as Barasali Tea Company Pvt Ltd in 1915, B & A Ltd underwent a name change to B&A Plantations and Industries (BAPIL) before falling under the control of H P Barooah in 1968. At that time, production in its tea gardens stood at 2.5 lakh kg. The transition to a limited company occurred in 1986, and subsequent mergers and acquisitions brought three additional tea estates - Salkathoni, Sangsua, and Gatoonga - into its portfolio, boosting its tea production to over 2 million kg. The company is primarily involved in the cultivation, manufacturing, and sale of tea, boasting four premium tea gardens and exporting its products to the UK and other European nations.
In 1993, B & A Ltd initiated a rights issue of FCDs to partially fund the modernization of its facilities and support the replantation program in its Assam tea gardens. The company obtained approval from the Guwahati High Court to acquire the Lohpohia Tea Estate from Tea Beverages & Allied Industries. Additionally, Kuhum Tea Company Pvt Ltd was amalgamated with B & A Ltd, expanding its tea garden count to eight with an anticipated production increase to 45 lakh kg.
During the fiscal year 1998-99, the company garnered foreign exchange earnings of Rs. 144 lakhs from tea exports, with an outflow of Rs. 22 lakhs. The subsequent year witnessed the approval of a scheme of arrangement for the amalgamation of two subsidiary companies, B & A Investments Ltd and LIPAB Investments Ltd, by their respective shareholders. BAPIL Investments Ltd, a wholly-owned subsidiary of B & A Ltd, along with two other companies, Jorhat Investments Ltd, and Marina Towers Pvt. Ltd, were merged with the parent company through a Scheme of Arrangement in 2001-02.
Before the merger of BAPIL Investments Ltd and Jorhat Investments Ltd with B & A Ltd, the latter held a 49.09% stake in B & A Muitiwail Packaging Ltd. Post-merger, B & A Ltd's ownership in B & A Muitiwail Packaging Ltd increased to 71.64%, leading to the latter becoming a subsidiary of the company effective March 31st, 2002.
In 1993, B & A Ltd initiated a rights issue of FCDs to partially fund the modernization of its facilities and support the replantation program in its Assam tea gardens. The company obtained approval from the Guwahati High Court to acquire the Lohpohia Tea Estate from Tea Beverages & Allied Industries. Additionally, Kuhum Tea Company Pvt Ltd was amalgamated with B & A Ltd, expanding its tea garden count to eight with an anticipated production increase to 45 lakh kg.
During the fiscal year 1998-99, the company garnered foreign exchange earnings of Rs. 144 lakhs from tea exports, with an outflow of Rs. 22 lakhs. The subsequent year witnessed the approval of a scheme of arrangement for the amalgamation of two subsidiary companies, B & A Investments Ltd and LIPAB Investments Ltd, by their respective shareholders. BAPIL Investments Ltd, a wholly-owned subsidiary of B & A Ltd, along with two other companies, Jorhat Investments Ltd, and Marina Towers Pvt. Ltd, were merged with the parent company through a Scheme of Arrangement in 2001-02.
Before the merger of BAPIL Investments Ltd and Jorhat Investments Ltd with B & A Ltd, the latter held a 49.09% stake in B & A Muitiwail Packaging Ltd. Post-merger, B & A Ltd's ownership in B & A Muitiwail Packaging Ltd increased to 71.64%, leading to the latter becoming a subsidiary of the company effective March 31st, 2002.
