Others

Acquisition

Updated on: Feb 15, 2011

Mcleod Russel India Ltd has informed BSE that, as per the reports in the Press, the Government of Rwanda in its Cabinet Meeting held on February 11, 2011 has approved the sale of 60% shares of Gisovu Tea Company Limited to Borelli Tea Holdings Limited, U.K. a wholly owned subsidiary of the Company. The official communication and the procedures for completion of the transaction are awaited.

Source : BSE - >www.bseindia.com

Published on February 15, 2011

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