Company news: Tata Global Beverages

Tata Global Beverages on Wednesday said Coffee Trade LLC, a step-down subsidiary, which was incorporated as part of restructuring of operations in Russia, is being liquidated consequent to completion of the restructuring. The liquidation will not have any significant impact on the financials of the group. Shares of Tata Global closed at ₹208.05, down 1.54 per cent, on the BSE.