MUMBAI - Tata Global Beverages Ltd (TGBL) on Monday appointed Tata Sons head N. Chandrasekaran as its chairman with immediate effect. The TGBL board on Monday approved the "appointment of N. Chandrasekaran as an additional director and as chairman of the board of the company in place of Harish Bhat who expressed a desire to step down as chairman," the company said in a stock exchange filing.
"Tata Global Beverages has appointed N. Chandrasekaran as Chairman of its board with immediate effect," a TGBL release said. The board also appointed Siraj Azmat Chaudhry as a non-executive independent director in the company. Harish Bhat took over as the TGBL Chairman after ousted Tata Sons chairman Cyrus Mistry was voted out by the board of Tata Global Beverages in November last year.