Voting Results of Postal Ballot through remote e-voting.
TATACONSUM · price
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Awaiting price reaction for this filing.
Tata Consumer Products sought shareholder approval through a postal ballot for material related party transactions with Capital Foods Private Limited, with the last date of remote e-voting on October 23, 2025. Promoters (who are interested parties) did not vote, while public institutions turned out in force, with 37.85 crore of their 43.64 crore shares (86.74%) voting and all of them in favour. Retail shareholders had very low participation — only 13.36 lakh of 21.84 crore shares (0.61%) voted, with 96.71% in favour and just 3.29% against. Overall, 38.38% of outstanding shares participated and the ordinary resolution was passed with 99.99% votes in favour (only 43,967 votes against).
The approval clears the regulatory requirement for material related party deals with Capital Foods, supporting Tata Consumer's expansion in the packaged foods segment. The near-unanimous backing, especially from institutional investors, signals strong shareholder confidence in the transaction.