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Tata Global Beverages Limited - Updates on Subsidiary


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20 May 2014
With reference to earlier announcement dated May 19, 2014 intimating that an overseas subsidiary has acquired 100% stake in an Australian Company engaged in coffee business under the MAP brand, with presence in the RandG coffee and coffee in Pods (single service portions) segments in Australia, Tata Global Beverages Ltd has now informed BSE that the Company wish to clarify that the investment was made by Company's overseas subsidiary in Earth Rules Pty Limited (Earth Rules) and not Bronski Eleven Pty Ltd (Bronski) as stated earlier. Bronski is however the holding company of Earth Rules, from whom the stake was acquired.

Source: BSE India

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