NDGL

The original Company, Naga Hills Tea Co. Ltd., a Public Limited Company was incorporated on August 26, 1918 under the Companies Act, 1913. The company was acquired by Dhunseri Group and the name was changed to Naga Dhunseri Holding Group Ltd. on September 17, 1990. The name of the Company was further changed to Naga Dhunseri Group Ltd. under a Fresh Certificate of Incorporation issued by the Registrar of Companies, West Bengal, Calcutta on March 07, 1995. The company acquired several companies from time to time and allotted 1,10,000 equity shares of Rs 10/- each as fully paid for consideration other than cash pursuant to a Scheme of Amalgamation.

The Late Shankar Lal Dhanuka, Founder of Dhunseri Group of Companies acquired the Company Naga Hills Tea Co. Ltd. in 1961. The nature of business of the Company has undergone changes from time to time resulting in transfer of the Tea Gardens to erstwhile Dhunseri Tea & Industries Limited and substantial amount of investments in real estate and shares and securities were built up by the Company over the last several decades. The company is registered as a Non-Banking Finance Company (NBFC) with Reserve Bank of India.

Business area of the company

The company is into investment business and to purchase, acquire, hold and dispose of or otherwise invest in shares, debentures, bonds and securities issued or guaranteed by any government, public body or authority, municipal or local or otherwise whether in India or elsewhere.