Tata chemicals' food biz demerged, to be transferred to Tata global beverages
  • WebDesk BTVI
  • May 15 2019

Tata Global Beverages Ltd (TGBL) will buy the business of selling edible salt, spices, and lentils and give shares in return to Tata Chemicals Ltd (TCL). TGBL will rename itself after the deal as Tata Consumer Products Ltd.