Tata Global Beverages plan restructuring of business
Tata Global Beverages, formerly Tata Tea, is planning to restructure the company’s operations at various levels and aiming to launch a new nutrition-based beverage, according to a report.
There are also reports that the company may look for acquisition in the foodspace.
The company has reportedly said that the company may look at merging like businesses in terms of rationalization of the company’s operations.
Currently promoter holding in Tata Global Beverages is 35.38%.