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Tata Consumer Products Ltd

NSE: TATACONSUM BSE: 500800

1087.30

(-4.11)%

Sun, 01 Feb 2026, 04:31 pm

tata consumer products ltd History

1962

  • Incorporated on October 18 as private limited company.
  • Set up in technical and financial collaboration with James Finlay & Co Ltd, UK.

1963

  • Converted to public limited company on May 8.
  • Issued 50,000 shares in May.
  • Issued 94,000 shares at Rs 87.50 paid-up in December.

1964

  • Issued 6,000 shares without payment in October.

1968

  • Operations affected by heavy development expenses for instant tea via green leaf process.

1971

  • Technical and financial collaboration agreement with James Finlay expired.

1976

  • Reorganised ownership of Finlay Tea Associates; Amalgamated Tea Estates became wholly-owned by James Finlay, others by McLeod Russel.
  • Reorganised capital structure per scheme sanctioned by High Court of Mumbai on September 1.

1977

  • Allotted 1,98,000 equity shares of Rs 10 each to Finlay Tea Associates; balance Rs 9.52 crores as unsecured loans at 5% interest.
  • Offered 26,00,000 shares at par to public in June.

1979

  • Issued 20,00,000 bonus shares in 1:3 proportion.

1982

  • James Finlay and McLeod Russel sold equity holdings to Tata Industries on December 1.
  • Tata Industries offered 3.2 million shares to Indian shareholders in 2:3 proportion.
  • Changed name from Tata-Finlay Ltd to Tata Tea Ltd.

1984

  • Formed 100% subsidiary Bambino Investment and Trading Co Pvt Ltd.
  • Issued 10,00,000 15% non-convertible debentures on rights basis.
  • Established Tata Tea Inc in USA by acquiring Tritea Incorporated facilities.

1986

  • Allotted 25,23,078 shares on July 1 in conversion of 13.5% debentures at par.

1987

  • Allotted 16,82,052 shares on July 1 in conversion of 13.5% debentures at premium Rs 25.

1988

  • Reached agreement with P&OCL to transfer shipping agency effective October 1, 1989.
  • Issued 48,82,052 bonus shares in 2:5 proportion.

1989

  • Launched Prestige blend.
  • Started button mushrooms production plant in Kerala.
  • Made offer to acquire majority in CCL; allotted 19,92,573 TTL shares by February 1991.

1990

  • Tata Spices Centre at Cochin contributed to performance.
  • Launched Brahmaputra polypack blend.
  • Privately placed Rs 15 crores 14% non-convertible debentures, redeemable 1997.
  • Consolidated Coffee Ltd and subsidiaries became subsidiaries.
  • Received letter of intent for Haldia Petrochemical JV on August 10.

1991

  • Launched Chakra Gold premium dust brand.
  • Set up Lloyd's agency branch in Kathmandu.
  • Proposed Munnar tea capacity expansion to over 1 million lbs per year.
  • Proposed new instant tea plant with 3 million lbs capacity.
  • Set up pilot button mushrooms plant at Munnar for test marketing.
  • Set up Spice Processing Centre in Cochin and Medicinal & Aromatic Plant Processing Centre in Munnar.
  • Proposed wholly-owned subsidiary Tata Tea International Ltd in Jersey, Channel Islands.
  • Established JV Estate Management Services Pvt Ltd in Sri Lanka.
  • Entered agreement with State Trading Organisation of Iran for JV.

1992

  • Established International Business Division.
  • Established Tata Tetley Ltd JV with Lyons Tetley on equal shareholding.
  • Proposed Tata Krasnodar Industries Ltd JV with Krasnodar Tea Company.
  • Proposed Tata NYK Transport Systems Ltd Indo-Japanese JV.
  • Made open offer for up to 24.99% of Rallis India shares; allotted 19,59,142 company shares.

1993

  • Proposed installation of state-of-the-art production facilities.

1994

  • Entered JV with Hitachi Ltd, Japan.
  • Received approvals to increase stake in Asian Coffee Ltd to 55%.
  • Issued 157,79,173 bonus equity shares in 1:1 proportion.

1995

  • Allotted 12,84,338 shares in exchange for 64,21,687 Asian Coffee Ltd shares.
  • Introduced polpacks in South and North markets.

1996

  • Launched Pride of India scheme with Consolidated Coffee.

1997

  • Launched Tata Tea Premium in Hyderabad and Secunderabad on December 23.
  • Planned to enter Pakistan market in January.

1998

  • Planned merger of coffee subsidiaries Consolidated Coffee, Asian Coffee, and Veerarajendra Estates.
  • Entered JV with Lyons Tetley to export value-added tea bags and packets.
  • Launched Agni brand in economy sector.

1999

  • Launched Lucky Cup premium dust tea in South Indian states in February.

2000

  • Acquired 100% of Tetley Group via subsidiary in March.
  • Issued 75,98,000 Global Depository Shares at US$9.87, fully subscribed.
  • Raised $165 million senior debt for Tetley acquisition.
  • Proposed Employees Stock Option Scheme.
  • T Siganporia took over as Managing Director.

2001

  • Homi R Khusrokhan appointed Managing Director.

2002

  • Tetley acquisition successful; Tetley became number one in UK.
  • Appointed BCG for Tetley integration.
  • Relaunched Chakra Gold with improved flavour and aroma.

2003

  • Bifurcated plantation and branded tea businesses into separate units.
  • U M Rao ceased as nominee director and appointed additional non-executive director.
  • Appointed Deutsche Bank as Depository.

2004

  • Sold 5.3% stake in FAL Industries.
  • Set up tea museum at Nullathanni Estate, Munnar.
  • Rolled out Select Finest Assam tea in UAE.
  • Appointed Sangeeta Talwar as Executive Director.

2005

  • Launched Tata Tea Agni.
  • Planned to acquire 2 North America brands.

2006

  • IFC to acquire 19% stake in new company.
  • Tata Coffee acquired US-based EOC for $220 million.
  • Planned to acquire 30% stake in EBI.

2007

  • V Venkiteswaran ceased as Executive Director from January 1.
  • Entered JV with Zhejiang Tea Import and Export Company Ltd, China on May 8.
  • Appointed A R Gandhi as Non-Whole time Director.
  • Acquired 25.74% stake in Mt Everest.

2009

  • Launched Tata Tea GOLD.
  • Tata Coffee won Gold Medal at Grands Crus de Cafe, Paris.
  • Improved ranking in ET Brand Equity Survey.

2010

  • Signed MoU with PepsiCo on April 9 for JV in non-carbonated ready-to-drink beverages.
  • Split share face value from Rs 10 to Re 1.
  • Changed name to Tata Global Beverages Ltd.

2011

  • Signed MoU with Kerala Ayurveda Limited.
  • Appointed Ajoy Misra as Director and Executive Director.
  • Launched Tata Tea Jaago Re Inter Milan Soccer Stars.
  • Ranked 6th in CDP Carbon Leadership Disclosure Index.

2012

  • Tetley Tea celebrated 175th anniversary.
  • Entered 50:50 JV with Starbucks as Tata Starbucks Limited.
  • Cyrus Mistry appointed Chairman.

2013

  • Inked pact with Tata Realty for property development.
  • Awarded Re-imagination scholarships to eight Urban Scholars at Brunel University.
  • Starbucks and Tata Coffee inaugurated roasting and packaging plant in Kushalnagar, Coorg.

2014

  • Acquired 100% stake in Australian firm.
  • Tata Starbucks forayed into Chennai.
  • Merger of Mount Everest Mineral Water with parent approved.
  • Contemplated introducing nutrient water brand via PepsiCo JV.

2015

  • Launched Tata Coffee Grand instant coffee.
  • Launched Tata Tea Fusion.

2021

  • Extended medical insurance cover to partners of LGBTQ employees.
  • Tata Coffee won FICCI Sustainable Agriculture Award for Soil and Water Conservation Initiatives.

2022

  • Launched Shuddh By Tata Salt.
  • Project Jalodari conserved 183 million litres of water.
  • Launched Tata Soulfull Masala Oats+.
  • Launched premium Honey and Preserves under Himalayan.
  • Entered alternate meat segment with Tata Simply Better plant-based range.

2023

  • Capacity expansion at Tata Coffee Vietnam Company Limited.

2024

  • Issued rights shares of Rs 1 in ratio 1:26 at premium of Rs 817 per share.
  • Announced acquisition of Organic India.

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