GODREJ CONSUMER PRODUCTS LTD. - Acquisition of balance 40% stake in Cosmetica Nacional, Chile

Godrej Consumer Products Ltd has informed BSE that the Board of Directors of the Company have approved acquiring the balance 40% stake in Cosmetica Nacional, a market leading Hair Colorant and Cosmetics company in Chile.<BR><BR>Consequent to this, the Company will have full control of the Chile business once the acquisition process is completed.