Tata Coffee Ltd's merger with Tata Consumer Products and TCPL Beverages & Foods gets NCLT Kolkata's nod, enhancing operational efficiency. Approved on November 10, 2023, the order was received by the company on December 1. This move aims to streamline management, boost synergy, and optimize operations for the global consumer product business. Tata Coffee primarily focuses on instant coffee extraction, branded coffee, and plantation activities. TCL's shares closed at Rs 279.75, marking a 0.68% increase on Friday's BSE.
