| | | | Outcome of Board Meeting | 9/29/2011 6:45:09 PM | | | | Diana Tea Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 29, 2011, inter alia, has approved to go ahead with the negotiation, finalizing terms and conditions and conclude the deal relating to sale of its Ambri Tea Estate to M/s. Maxwell Golden Tea Pvt. Ltd. Coimbatore 641 045.
The prospective sale of Ambari Tea Estate, will be subject to necessary approval of the shares-holders u/s.293(1) (a) and other necessary statutory approvals. | |
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