Thread by @FinMedium

Tata Global Beverages Limited (TGBL) and Tata Chemicals Limited (TCL) announced the Scheme of Arrangement between TGBL and TCL regarding the Consumer Products Business of TCL that got effective from February 7, 2020. (1/7)

Following the merger of the Consumer Products business of Tata Chemicals with itself, Tata Global Beverages was renamed as Tata Consumer Products Limited (TCPL) creating a sizeable Consumer company with enhanced scale and financial strength. (2/7)

TATA Consumer Products Origin
The formation of Tata Consumer Products Limited marks a new strategic direction, (3/7)

creating a consumer company with diversification into multiple product categories tapping the larger opportunity available in the Foods segment and not be limited only to the beverage category.

Tata Consumer Products stands ‘For Better. (4/7)

’ The Company endeavors to always aim for better products, better nutrition, better living. It caters to iconic leading Indian and International brands like Tata Salt, Tata Tea, Tetley, Eight O’ Clock, and high growth potentials brands like Tata Sampann and Tata Starbucks. (5/7)

Apart from having a strong presence with a combined reach of 200 million households in India, TCPL has a significant international presence in the UK, US, Canada, Australia, and Africa through various subsidiaries with sustained leadership positions in key markets. (6/7)

Tata Consumer Products is in a unique position to leverage the strong brand, wider product portfolio, and distribution reach to serve the growing aspirations of consumers across the country and abroad. (7/7)

Read the most in-depth report ever on @TataConsumer by @stocks_maniac_

finmedium.com/2020/10/tata-c…

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