National Tea Company was established in
East Pakistan by the
Adamjee Group of Companies. After the liberation of Bangladesh, the Adamjee family left for
Karachi leaving all their East Pakistani properties behind. The National Tea Company was nationalized by the government of Bangladesh after liberation. The modern-day National Tea Company Limited was established in 1978 with the government of Bangladesh being the majority shareholder. It is the first tea company in Bangladesh jointly owned by the government and the public. The company started with Patrakhola Tea Estate, Kurmah Tea Estate, Champarai Tea Estate, Madanmohanpur Tea Estate, Madabpur Tea Estate, Jagadishpur Tea Estate, Teliapara Tea Estate, Chundeecherra Tea Estate, and Lackatoorah Tea Estate. The National Tea Company Limited was listed on the
Dhaka Stock Exchange in 1979. In 2009,
The Daily Star reported that the National Tea Company Limited saw production decline every year due to corruption and mismanagement. On 23 June 2019, Sheikh Kabir Hossain was appointed chairman of the National Tea Company Limited replacing Munshi Shafiul Haque. In October 2021,
Bangladesh Securities and Exchange Commission appointed two independent directors to the company following allegation of violation of security laws. In February 2022, the National Tea Company Limited sought permission from Bangladesh Securities and Exchange Commission to increase the paid up capital of the company by issuing shares. == List of chairmen ==