Date:13/05/2005 URL: http://www.thehindu.com/2005/05/13/stories/2005051304551600.htm

Business - Briefly

Agro Tech to sell stake in Advanta

HYDERABAD: Agro Tech Foods has decided to sell its entire investment in Advanta India Limited to Advanta Finance B.V., a wholly-owned subsidiary of Advanta Netherlands Holdings BV. for a consideration of Rs. 28.80 crores, subject to signing of the sale and purchase agreement and ancillary agreements, and regulatory approvals.