Welcome to New Chumta Tea Company Limited

About Us


New Chumta Tea Company Limited was incorporated in the State of West Bengal, India on 24th June 1889 as a public limited company under the provisions of the Indian Companies Act 1882. Its main objects are amongst other things, to grow, cultivate, manufacture, blend, process, buy, sell and deal various forms of tea.
The company was managed under the managing agency system by McLeod & Co. Ltd. In 1970 the system of managing agency, secretaries & treasurers was abolished by amendment in the Company’s Act 1956, when the Company became independent. In 2023 our company made a strategic decision to divest from the agricultural sector into the capital markets, marking a new chapter in our business journey. We are now actively engaged in capital markets, leveraging financial expertise to optimize returns across a diversified portfolio of investment instruments. Our approach is driven by data analysis, risk management, and long-term value creation.

Our Operation

We strategically allocate capital across a variety of financial instruments, including:

1. Equities (Stocks)

  • Investing in publicly traded companies with strong fundamentals
  • Focus on blue-chip stocks, growth stocks, and dividend-paying stocks
  • Diversification across multiple sectors to balance risk

2. Fixed-Income Securities (Bonds)

  • Government bonds for stability and security
  • Corporate bonds offering higher yields
  • Municipal bonds for tax-efficient income

3. Mutual Funds & ETFs-

  • Actively managed and passive funds for diversified exposure
  • Sectoral and thematic funds aligned with growth opportunities
  • Exchange-Traded Funds (ETFs) for liquidity and cost efficiency

4. Alternative Investments

  • Real Estate Investment Trusts (REITs) for exposure to property markets
  • Hedge funds for high-yield strategies
  • Commodities such as gold, silver, and energy derivatives

5. Derivatives & Structured Products

  • Options and futures for hedging and speculation
  • Structured notes offering tailored risk-reward profiles

6. Private Equity & Venture Capital

  • Investing in high-growth startups and established private firms
  • Providing capital for innovation and expansion

Our Philosophy

At the heart of our business lies a commitment to strategic growth, financial prudence, and value creation. Having evolved from a legacy of agriculture to a dynamic investment enterprise, we believe in adaptability, informed decision-making, and sustainable wealth generation.

Board of Directors

Board of directors comprises of Mr. Sharad Bajoria Chairman, Mr. Ishan Bajoria executive director Mr. Sidhartha Tantia, Mr. Sudip Chand Bothra, Mr. Rahul Worah and Ms Gauri Ahuja, Director. The day-to-day affairs of the company are looked after by Mr. Sharad Bajoria, who is assisted by a team of experienced and qualified personnel looking after various key functions.

Sharad Bajoria

Chairman

Ishan Bajoria

Executive Director

Sidhartha Tantia

Director

Sudip Chand Bothra

Director

Rahul Worah

Director

Gauri Ahuja

Director

KMP's

Hemant Kumar Sharma

Chief Financial Officer

Sanjeev Kumar Sukla

Company Secretary