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Corporate Announcement

Security Code : 506390    Company : CLNINDIA    
 
Outcome of Board Meeting 26 Mar 2013 17:37
Clariant Chemicals (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 26, 2013, approved the proposal for sale of the businesses of textile chemicals, paper specialties and emulsion together with assets currently dedicated to the respective business of the Company, subject to the approval of the shareholders, at a consideration of Rs. 209.15 crores. The Board also approved the issue of notice of postal ballot to the shareholders under Section 192(A) of the Companies Act, 1956.
 

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