Sentinel Tea and Exports Limited was incorporated as Public Limited Company in the year 1991. The Company is the part of RPG and RPSG group enterprises one of the largest business conglomerates in India. It was earlier a 100% subsidiary of Harrisons Malayalam Ltd. Later STEL Holdings Limited was formed consequent to the Composite Scheme of Arrangement approved by the Hon’ble High Court of Kerala in 2010. Harrisons Malayalam Limited (HML) had four wholly owned subsidiaries namely Harrisons Malayalam Financial Services Limited (HMFSL), Harrisons Rubber Products Limited (HRPL), Harrisons Agro Products Limited (HAPL) and Sentinel Tea and Exports Limited. Pursuant to Composite Scheme of Arrangement cited above, the three companies namely HMFSL, HRPL and HAPL merged into HML.
The Investment undertaking of Harrisons Malayalam Limited (HML) has got demerged into the Company named “Sentinel Tea and Exports Limited” and to align itself with its new business activities, Sentinel Tea and Exports Limited changed its name and objects to that of an Investment Company. The name of the Company was changed to STEL Holdings Limited during the year July 2011 to undertake the Investment Activities.
STEL Holdings is an Core Investment Company which invests in a diversified portfolio of quoted and unquoted securities of RPG and RPSG group companies, which are engaged in various businesses with a history of strong operating and financial performance. The typical investment approach of the Company is a combination of value and growth.
The Company currently has investments of market value exceeding Rs.500 crores across its various RPG and RPSG group Companies. STEL Holdings Limited is listed in Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).