 "Tata Consumer")
The board of Tata Consumer Products has approved the termination of its Global Depository Receipts (GDR) programme and the firm will subsequently delist from the London Stock Exchange and Luxembourg Stock Exchange, the company said in an exchange filing.
“As the GDR holding as compared to the paid-up capital of the company over the years is very insignificant, it has been decided to terminate the GDR program and thereby terminate the engagement with Deutsche,” the company said in its filing. Deutsche Bank Trust Company Americas was appointed the exclusive depository for its GDP programme.
The maker of Tata Tea also
