ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • Mahindra & Mahindra stock hits 52-week high as brokerages bullish on counter post Scorpio-N launch; check target prices
  • GST Council meet begins today: Know agendas of Finance Minister Nirmala Sitharaman's led two-day meeting
  • Security deposit on commercial LPG connection goes up by Rs 1050 for 19-kg cylinder; check new rates
  • Cash-starved Sri Lanka to end fuel duopoly to ease fuel shortages
  • Xiaomi 12S series set to launch with Leica cameras on July 4: Check key details here
Read in App
Business News » Companies News

Tata Chemical's consumer business to be merged with Tata Global Beverages

Each shareholder of Tata Chemicals Ltd will get 1.14 new equity shares of Tata Global Beverages Ltd for every one equity share. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Tata Chemical's consumer business to be merged with Tata Global Beverages
Tata Chemicals comprises manufacturing of edible common salt, spices and protein food. Photo: Tata Chemical Official Website

Tata Chemicals Ltd Wednesday said it will demerge its consumer product business and merge it with Tata Global Beverages Ltd. Consumer product business of Tata Chemicals comprises manufacturing of edible common salt, spices and protein food. Each shareholder of Tata Chemicals Ltd will get 1.14 new equity shares of Tata Global Beverages Ltd for every one equity share they held in the company.

"The proposed transaction will create a focused consumer products company with a combined turnover and EBITDA of Rs 9,099 crore and Rs 1,154 crore respectively," the company said in a regulatory filing. EBITDA is Earnings Before Interest, Tax, Depreciation and Amortisation.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Tata ChemicalsTata Global Beverages Ltd
Written By: PTI
Updated: Wed, May 15, 2019
05:02 pm
New Delhi, PTI
RELATED NEWS
Stocks in News: IndusInd Bank, Wipro, Tata Chemicals among 12 stocks in focus on Q4 results, auto sales data and other key triggers  Stocks in News: IndusInd Bank, Wipro, Tata Chemicals among 12 stocks in focus on Q4 results, auto sales data and other key triggers
Stocks to buy today: Royal Orchid Hotel, Wipro, Tata Chemicals and RBL Bank among list of 20 stocks for profitable trade on May 2 Stocks to buy today: Royal Orchid Hotel, Wipro, Tata Chemicals and RBL Bank among list of 20 stocks for profitable trade on May 2

LATEST NEWS

Zee Business questions Zomato’s move to leave out retail investors from its investor call; Managing Editor Anil Singhvi call out bias, demands this

Gold rises Rs 52; silver falls Rs 60

GST Council meet begins today: Know agendas of Finance Minister Nirmala Sitharaman's led two-day meeting

Gensol Engineering stock remains unfazed by weak market sentiments; over 750% jump from Rs 68 to Rs 600 apiece

Anil Singhvi strategy on June 28: Support zone on Nifty is 15675-15750 and Bank Nifty is 33425-33625

Energy stocks ONGC, Oil India, MRPL, Chennai Petro gain up to 10% on higher crude oil prices – Here is what brokerages say on oil & gas shares

Equitas Small Finance Bank increases FD, RD interest rates - Full Details

Rakesh Jhunjhunwala Stock: What makes brokerage bullish on Indian Hotels, 21% upside seen - know reasons here

CBDT issues circular for TDS on Virtual Digital Asset transactions outside Exchange

Closing Bell: Markets extend gain for 4th session in a row; Sensex up 16 points, Nifty50 at 15850 – Auto and Metals surge most

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV