January 23, 2001

Tata Tea Limited

At the Board Meeting of Tata Tea imited held on 22nd January, 2001 in Mumbai, the Board made the following appointments:

  1. Mr. Homi R Khusrokhan was appointed as Managing Director with effect from 15th February 2001. Mr. Khusrokhan was, till recently, Managing Director of Glaxo India Ltd. He was wth Glaxo for 30 years, eventually occupying the position of Managing Director for 5 years. He was recognized as one of the top 30 managers of Glaxo worldwide.
  2. Mr. P T Siganporia was appointed Deputy Managing Director with effect from 15th February 2001. Mr. Siganporia, who is a member of the Tata Administrative Service, has served the Company for 26 years and has held various positions in the Company culminating in his present position as Executive Director since June 2000.
  3. Mr. V Venkiteswaran was appointed as Executive Director with effect from 15th February 2001. Mr. Venkiteswaran has also been with Tata Tea Ltd. for 29 years and is presently President of Tata Tea Inc., a wholly owned subsidiary of the Company in the U.S.