ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Looking Beyond Tea

Hansavivek LIPTON INDIA is widening its horizons by diversifying its activities. It proposes to acquire from Hindustan Lever, On going concern basis certain undertakings engaged in the manufacture and sale of food products such as edible fats, vanaspati, refined oil, margarine, dairy products and animal and poultry feeds. To finance the acquisition of these undertakings, the company proposes to issue new shares. Work is in hand for obtaining necessary approvals from concerned authorities in the government. Meanwhile, the company has turned in impressive working results for the year ended June 1983 with significant improvement in turnover and profits thereby completing the process of recovery that commenced in early 1981.

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