Tata Consumer Products Acquires 100% Stake in Capital Foods for ₹5,100 Crore
- January 13, 2024
Capital Foods, known for brands like ‘Ching’s Secret’ and ‘Smith & Jones,’ is worth a considerable ₹5,100 crore, and Tata Consumer Products Ltd (TCPL) announced on January 12 that it intends to purchase a 100% share in the company. A 75% stock stake was bought upfront as part of the strategic acquisition, with the remaining