Tata Global Beverages (TGB) announced that Sushant Dash will be taking charge as regional president -India effective immediately, based out of Bangalore. He takes over from Sanjiv Sarin, who is moving as CEO designate to Tata Coffee.

Sushant Dash has successfully handled various strategic and operational roles for the Organisation over the past 14 years. In his most recent role, he was the Global Brand Director of TGB. Sushant holds a post graduate degree from MICA (Mudra Institute of Communication, Ahmedabad) and is a graduate in Economics from Ravenshaw University, Cuttack.

The company also announced that Vikram Grover will be taking charge as Deputy Head of TGB's water business, with immediate effect, based out of Mumbai. In addition, Vikram will also have overall responsibility for TGB's businesses in Pakistan and Bangladesh.

Shares of the company gained Rs 2.5, or 1.7%, to trade at Rs 149.25. The total volume of shares traded was 109,047 at the BSE (12.14 p.m., Monday).