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Tata Tea becomes Tata Global Beverages

Press Trust of India  |  Mumbai 

today said the company has been renamed

The name change of the Tata Group company is effective from July 2, said in a filing to the Bombay Stock Exchange (BSE).

The approval of the board of directors and its shareholders has already been sought by way of postal ballot in accordance with the provisions of Section 192 A of the Act, 1956.

Following the operational integration of its five beverage businesses announced last year, would unite all the beverage interests, marking another step in its transformation to become a global leader.

The purpose of the restructuring is to have a cohesive enterprise.

All in the group would eventually become individual brands. Thus, the new company would be one big cohesive group of brands. would become a brand in the new scheme of things along with Eight O Clock Coffee, Tetley, Himalayan, Tata Coffee.

Shares of the company closed at Rs 120.50, up 0.25 per cent from the previous close on the

First Published: Wed, July 07 2010. 21:56 IST