Records of Tata-Finlay Limited
- Reference:GB 248 UGD 091/58
- Dates of Creation:1964-1979
- Name of Creator:
- Language of Material:English
- Physical Description:0.3 linear metres
Scope and Content
- Board papers 1976-1979;
- Shareholders records 1977;
- Agreements 1964-1982;
- Tata-Finlay advertising 1968-1979;
- Tata-Finlay sale 1974-1977.
Administrative / Biographical History
Incorporated 1962 as joint venture with Tata Sons. Company was bought out by Tata and renamed Tata Tea Limited 1983 .
Tata Tea started in 1962 as Tata Finlay, a joint venture between the Tata group and James Finlay. In 1983 , the ownership of the company passed completely into the hands of the Tata group, and the company was named Tata Tea. In its new avatar the company decided to focus on branded products instead of commodity sales. It was at this point that the need for strong branding, became critical to guard Tata Tea from any fluctuations in the commodity market and to ensure its sustained growth.
James Finlay and McLeod Russel sold all their equity holdings to Tata Industries Ltd. Tata Industries offered the entire lot of 3.2 million shares at par to the present Indian shareholders of the Company in the proportion 2:3. Upon the change in the Shareholding of the company, the name of the company was changed from Tata-Finlay Limited to Tata Tea Limited. Tata Tea has ownership of five brands and their many variants. These include Tetley, Kanan Devan Gemini and Chakra Gold.
Cited from:
- http://economictimes.indiatimes.com/tata-global-beverages-ltd/infocompanyhistory/companyid-12929.cms
- http://www.tata.com/article/inside/6yO10SqH23I=/TLYVr3YPkMU=
Arrangement
Files arranged as received
Access Information
Some files in this collection are subject to Data Protection legislation as they contain sensitive information and material under 30 years old is closed to access. It is advised that you should contact the Duty Archivist before visiting: library-asc@glasgow.ac.uk
Alternative Form Available
No known copies
Physical Characteristics and/or Technical Requirements
None which affect the use of this material
Conditions Governing Use
Reproduction subject to usual conditions: educational use and condition of documents
Any work intended for publication that is based on research from this collection must be approved in advance. Apply in the first instance to Archives and Special Collections, email: library-asc@glasgow.ac.uk
Appraisal Information
This material has been appraised in line with standard GB 248 procedures. Duplicates have been removed.
Accruals
None expected
Location of Originals
This material is original
Bibliography
No known publications using this material
Additional Information
Description compiled in line with the following international standards: International Council on Archives, ISAD(G) Second Edition, September 1999and National Council on Archives, Rules for the construction of personal, place and corporate names
Scotland is the location of all place names in the administrative/biographical history element, unless otherwise stated.
Fonds level description compiled by Peter Morphew, Business Archive Cataloguer (James Finlay Ltd), January 2016.
Subjects
Corporate Names
Geographical Names