Tata Coffee Limited
2,046words
1turns
0analyst exchanges
0executives
Key numbers — 23 extracted
Rs. 11.6
57.48%
13,400 MT
57%
27%
12%
4%
60%
30%
10%
6%
3%
Speaking time
1
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Opening remarks
Transaction is subject to the following approvals
● Shareholders’ approval ● Other regulatory approvals (as required) TCP UK Transaction expected to be completed in Q1 FY22-23 * % stake on basis of Announcement #2 % stake on basis of Announcement #1 & #2 – 33.55% # TEO will not be part of promoter group 15 Announcement #2: Purchase of Minority Interest in TCP UK from TEO (2/2) 100% ownership in all core businesses of the Company Enabler for efficient reorganization of international businesses Share issuance at same valuation as that of the transactions contemplated under the scheme Consolidate Realign Consistent 16 Key indicative activities and timelines Year Mar- 2022 Board Approval for scheme & Preferential Issue Filing of scheme with the stock exchanges FY23 FY24 onwards Shareholders’ meeting to consider approval for Preferential Issue Preferential Issue of shares* Receipt of no-objection letter from the stock exchanges Filing of scheme with NCLT Shareholders’/ Creditors’ meeting to consider approval for the scheme NCLT/ other regu
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