Tata Coffee's proposed merger with parent company Tata Consumer Products Ltd (TCPL) will come into effect from January 1. Simultaneously, Tata Coffee’s plantation unit will be demerged and amalgamated into another Tata group unit TCPL Beverages & Foods, the company said on December 28.
The merger of all businesses of Tata Coffee with Tata Consumer Products, was proposed as part of a reorganisation plan in line with the company’s plan of unlocking synergies and efficiencies
The merger of all businesses of Tata Coffee with Tata Consumer Products, was proposed as part of a reorganisation plan in line with the company’s plan of unlocking synergies and efficiencies