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Tata Global Beverages sells 4.11% stake in Tata Chemicals

20 Sep 2017 Evaluate

Tata Global Beverages has sold 1,04,80,000 equity shares of face value of Rs 10 each of Tata Chemicals (TCL) constituting 4.11% of the issued capital of TCL to Tata Sons as a market transaction.

Tata Global Beverages is a global beverage business with a brand presence in over 40 countries. The company has significant interests in tea, coffee and water and is the world’s second largest tea company.


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