Tata Consumer shareholders approve related party transactions with Capital Foods

On October 23, 2025, Tata Consumer Products Limited announced the successful passing of an Ordinary Resolution concerning a material related party transaction with Capital Foods Private Limited via a postal ballot through remote e-voting. The resolution received overwhelming support, with 99.9884% of the total valid votes cast in favor and only 0.0116% against.

A total of 4,575 members participated in the remote e-voting process. The voting results indicate that 379,787,311 valid votes were cast in favor of the resolution, while 43,967 valid votes were cast against it. The total votes polled across all categories amounted to 379,831,278, representing 38.3847% of the total outstanding shares.

This approval authorizes the board of directors to continue with existing contracts, arrangements, and transactions, and to enter into new ones with Capital Foods Private Limited, a subsidiary and related party. The aggregate value of these transactions for the financial year 2025-26 is up to INR 1,650 Crores, encompassing the purchase of goods, intercorporate deposits/loans, contract manufacturing services, and reimbursement of related expenses. The transactions are to be carried out at arm's length and in the ordinary course of business.