Records of The Baraoora Tea Holding Ltd and The Baraoora (Sylhet) Tea Co Ltd

• AGM minutes 1973-1995;
• Board of Directors' minutes 1973-1995;
• AGM and EGM minutes 1973-1994;
• Secretaries' folder TEA 12 1965-1981, includes Baraoora Tea Holdings Ltd certificates of incorporation;
• Secretaries' folder A10-A11 1938-1979;
• Secretaries' folder TEA 11 1981, includes articles of association;
• Secretaries' folder E11 1981;
• Power of Attorney documents between The Baraoora Sylhet Tea Co Ltd and various individuals and companies' 1948-1971.

The Baraoora Tea Holdings Limited incorporated  13 Nov 1965  to act as a holding company for The Baraoora (Sylhet) Tea Co Limited. Quoted on the London Stock Exchange this ensured that the company's assets outside Bangladesh were protected from possible nationalisation in Bangladesh, later re-registering as  22 Sep 1981Baraoora Tea Holdings Public Listed Company James Finlay acquired a significant stake in the company and made a successful offer to acquire the balance of the shares it did not already own in 1983 , re-incorporating as a private company  18 May 1984 . World Star Planters Ltd acquired the shares  c1990s , but the company was later dissolved in 1999.

Baraoora (Sylhet) Tea Company Limited originally incorporated  27 May 1897  later re-registering itself as a private company  1981 . The Hart Family maintained a significant shareholding throughout the first half of the twentieth century. By  1983  James Finlay had also acquired a significant stake in the company. With their associated company PR Buchanan, they acted as agents and secretaries' of the company both in Bangladesh and the UK for much of the time when it remained a public company quoted on the London Stock Exchange.

James Finlay made a successful offer to acquire the balance of the shares it did not already own in 1983 . They maintained the company as a wholly owned subsidiary although for management purposes the business was then run in parallel with that of The Consolidated Tea and Lands Company (Bangladesh) Limited until management changed in  2006 . The company has since been dissolved.

Cited from: http://www.jfteabd.com/about.php#baraoora:

Arranged chronologically within record series.

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Reproduction subject to usual conditions: educational use and condition of documents

Any work intended for publication that is based on research from this collection must be approved in advance. Apply in the first instance to Archives and Special Collections, email: library-asc@glasgow.ac.uk

This material has been appraised in line with standard GB 248 procedures Duplicates have been removed.

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Administrative history cited from http://www.jfteabd.com/about.php#baraoora:

The Consolidated Tea and Lands Company (Bangladesh) Limited GB 248 UGD 091/8/7;

Allotment list GB 248 UGD 091/41/2/2;

James Finlay (Bangladesh) Limited GB 248 UGD 091/66; Folder TEA 18; Acqusition of Teith Holdings Ltd and Barooara Tea Holdings Ltd shares by World Star Planters Ltd GB 248 UGD 091/66/2.

Bangladesh Board visit GB 248 UGD 091/1/1/8/36;

Bangladesh liberation war GB 248 UGD 091/1/6/8;

Secretaries folder TEA 4 includes agreements with PR Buchanan Co Ltd GB 248 UGD 091/4/1/2/52;

Secretaries folder TEA 9 includes agreements with PR Buchanan Co Ltd GB 248 UGD 091/4/1/2/53;

Accounts volume GB 248 UGD 091/4/2/2/1;

The company has links with the records of Doloi Tea Company Limited GB 248 UGD 091/41.

This material is original

No known publications using this material

Description compiled in line with the following international standards: International Council on Archives, ISAD(G) Second Edition, September 1999and National Council on Archives, Rules for the construction of personal, place and corporate names

Scotland is the location of all place names in the administrative/biographical history element, unless otherwise stated.

Fonds level description compiled by Peter Morphew, Business Archive Cataloguer (James Finlay Ltd), January 2016.