Tata Consumer Products Ltd Acquires 75% Stake in Capital Foods

Tata Consumer Products Ltd has acquired 75% of the issued equity share capital of Capital Foods, as per the terms of the Share Purchase Agreement (SPA) and Shareholders' Agreement (SHA) entered into with the existing promoters and shareholders of the Target Company. The acquisition was made on February 1, 2024, and the company has fulfilled the terms and conditions as envisaged in the SPA and SHA.,