Friday, August 29, 2008

Special situation announcements 28 Aug 2008

28 August 2008

Subject:

Albright & Wilson - Updates

Announcement:

Albright & Wilson Chemicals India Ltd has informed BSE that the Board of Directors of the Company has approved the disinvestment of the Company's entire shareholding of 24,751 equity shares of Rs 10/- each, fully paid up, in Rhodia Chemicals India Pvt. Ltd. This represents 49.5% of the share capital of Rhodia Chemicals. The disinvestment will be subject to applicable statutory approvals.

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