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Tata Global Beverages sells 1.04% stake in Titan Company

22 Mar 2016 Evaluate

Tata Global Beverages has sold 1.04% stake in Titan Company (TCL). The company has offloaded 92,48,060 equity shares of Re 1 each held in TCL on 21 March 2016.

Tata Global Beverages, formerly known as Tata Tea, is a multinational non-alcoholic Beverages Company headquartered in Kolkata, West Bengal, India and a subsidiary of the Tata Group. It is the world's second-largest manufacturer and distributor of tea. Tata Global Beverages markets tea under the major brands Tata Tea, Tetley, Good Earth Teas and JEMCA.

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