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TCP Overseas to increase stake in Joekels to 75%

The holding of TCP Overseas in Joekels will increase from 51.7% to 75% of the equity share capital pursuant to recent acquisition.

Africa joekelsTata consumer products united kingdom groupTata consumer products overseas holdingsJoekels tea packers proprietaryConsumer products overseas holdings limitedJoekels tea packersSouth africaShare purchase agreementShareholders agreementTransaction agreements

Tata Consumer Products acquires 23 3% shares in Joekels Tea Packers for nearly Rs 43 65 cr

Post the acquisition of the shares TCP Overseas will hold a total of 75 per cent equity share capital from its earlier 51.7 per cent.

South africaRepublic of south africaTata consumer products united kingdom groupJoekels tea packersTata groupTata consumer products overseas holdingsTata consumer products overseas holdings limitedJoekels tea packers limitedTata consumer products

Tetley ACI (Bangladesh) to be converted into wholly-owned subsidiary firm: Tata Consumers Products

Tata Consumer Products on Sunday announced that its wholly-owned subsidiaries Tata Consumer Products Overseas Holdings and Tata Consumer Products UK Group have decided to purchase from the joint venture partner Advanced Chemical Industries (ACI) its entire shareholding in Tetley ACI (Bangladesh), at Rs 8.50 crore.

United kingdomRamesh chauhanTata consumer products united kingdom groupBisleri international to tata consumer products ltdTata consumer products overseas holdingsChemical industriesTata consumer productsConsumer products overseas holdingsTata consumer products united kingdomBisleri internationalTata consumer products ltdWholly ownedEws india

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