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Tata Consumer to raise Rs 6,500 crore to fund acquistion of Capital Foods, Organic India

A week after annoucing the acquisition deals of Capital Foods and Organic India, Tata Consumer board approved Rs 6,500-crore fundraising plan through commercial papers and rights issue to pay for the deals.

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Tata Consumer Products approves fundraising of upto Rs 6500 cr; to use infusion to fund Capital Foods & Organic India acquisitions

Tata Consumer Products approves fundraising of upto Rs 6500 cr; to use infusion to fund Capital Foods & Organic India acquisitions
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Tata Consumer Products Board Approves Fund-Raising Proposals Worth ₹6,500 Cr For Stakes Acquisition And Rights Issue

Tata Consumer Products Board Approves Fund-Raising Proposals Worth ₹6,500 Cr For Stakes Acquisition And Rights Issue
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Tata Consumer fundraising: Tata Consumer to raise Rs 6,500 crore to fund twin acquisitions

Tata Consumer Fundraising: Tata Consumer approves Rs 6,500-crore fundraising plan through commercial papers and rights issue to pay for recent acquisitions of Capital Foods and Organic India. The company will raise funds through the issuance of commercial papers for bridge funding and issue of equity shares through rights issue. Detailed terms of the rights issue will be announced later. The acquisitions align with Tata Consumer s strategy to become a strong player in the F&B industry with offerings in packaged foods, pantry-platform, cuisines, and organic products.

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Tata Consumer Products to raise ₹6,500; stock rises - The Hindu BusinessLine

Tata Consumer Products to raise ₹6,500; stock rises - The Hindu BusinessLine
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