Acquisitions17 Apr 2024, 03:12 am
Tata Consumer Products Completes Acquisition of 99.99% Shares in Organic India
AI Summary
In accordance with the announcement on January 12, 2024, Tata Consumer Products Ltd has successfully acquired 8,26,07,277 equity shares of Rs. 10 each in Organic India Private Limited from Fabindia Limited, representing 99.99% of their current issued equity share capital.
Key Highlights
- Tata Consumer Products acquired 99.99% shares in Organic India for Rs. 10 each
- 8,26,07,277 equity shares transferred from Fabindia Limited to Tata Consumer Products