HLL To Transfer Sewri Undertaking To Bon Limited
16-02-2005 :
Bon Limited will be suitably recapitalised with a mix of equity and debt, consistent with investments required to be made in the acquisition of the undertaking. The effective date of transfer will be communicated in due course.
HLL's shareholders have already approved the transfer of the undertaking, through a postal ballot, the results of which were announced on December 30, 2004.
