CCL Products (India) has received approval to acquire stake in CCL Beverages. The acquisition of CCL Beverages will help in the expansion of Business. The indicative time period for completion of acquisition is by December 31, 2019. CCL Beverages engaged in industry of Coffee, coffee related products and other food products. The Board of Directors of the Company at its meeting held on November 11, 2019 has approved the same.
CCL Products (India) is engaged in the manufacturing of instant coffee. The company operates through the Coffee and Coffee related products segment.
