Golden Tobacco Ltd - GOLDEN TOBACCO Share Price

Summary

Golden Tobacco Ltd, the flagship of Dalmia group is one of the prominent players in the cigarette market. The companys principal activity is to manufacture and market cigarettes and processed tobacco. They manufacture various categories of cigarettes, namely full flavor, lights, ultra lights, menthol, menthol lights and extra menthol lights. The company later diversified into petrochemicals, additives, paper, marine products, etc.The company has world class manufacturing units, located at Mumbai in Maharashtra & Vadodara in Gujarat. They also own fully equipped printing press to produce all their packaging material. Some of the major cigarette brands owned by the company include Panama, Flair, Chancellor, Esquire, Legend and Burton.Golden Tobacco Ltd was established in the year 1930 by Narsee Monjee. The company was changed to a private concern in the year 1955 and went public in the year 1970. In the year 1972, the company established their full-fledged manufacturing unit at Vadodara in Gujarat.In the year 1979, the company was taken over by the Dalmia Industries. The company diversified their business into Petrochemicals, additives and paper and hence the name of the company was changed from Golden Tobacco Company Ltd to GTC Industries Ltd with effect form August 20, 1985. In November 1985, the company started paper production in collaboration with Raigarh Paper Mills. In the year 1993, they commenced operations in their additives division. During the year 1994-95, the... Read More