Tata Consumer Products Limited
SBI Life Insurance decreased its stake in Tata Consumer Products from 1.60% to 1.43%, selling 1,757,547 shares. The value of the shares sold was approximately ₹191.39 crore, at an approximate price of ₹1,088.60 per share.
A global food and beverages company operating within the Tata Group, Tata Consumer specializes in tea and coffee products across multiple markets worldwide. The company manufactures, markets, and distributes a diverse portfolio of branded beverages for consumers in India and internationally. Its distinctive position combines established brand recognition in the tea industry with vertical integration across production, distribution, and retail channels.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.