Jay Shree Tea & Industries Limited (JSTI) originally incorporated as Jay Shree Tea Gardens in Oct.'45 with two tea estates, changed its name to Jay Shree Tea and Industries (JSTI) in 1960. It was promoted by B K Birla. Presently, the Company is engaged in manufacture of tea and chemical & fertilisers. Started with an initial paid-up share capital of Rs 7.86 lac, it was raised to Rs 39.05 lac in 1947 and thereafter only a rights equity issue was made during 1960 in the ratio 1:5.