Corporate Announcement
Security Code : 506390    Company : HEUBACHIND    
 
Updates 
  Exchange Disseminated Time     
Clariant Chemicals (India) Ltd has informed BSE that pursuant to approval by the Board at its meeting held on September 19, 2013 the Company has sold / transferred the business of textile chemicals, paper specialties and emulsions to Archroma India Pvt. Ltd. as on September 30, 2013 as a going concern and has received the total consideration of Rs. 209.15 crores. Clariant and Archroma has entered into business continuation agreement whereby Clariant will run the business for a transitory period in Trust for Archroma.
 

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