Friday, March 29, 2024 10:00:00

Rs 22.95

The shareholders gave their approval for the restructuring of the Harel Frères group

23 November 2011

The shareholders of Harel Frères Limited, at a Special Meeting held on November 23, 2011, gave their agreement to the restructuring of the group and to its change of identity.

They approved a simpler, clearer and more readable structure, where the listed company will hold only and directly investments in the various activities of the group and will be classified on the Stock Exchange under the category “investment” and no more under “sugar”. In so doing, the shareholders have also given their approval for the Harel Frères group to be henceforth known under the name of Terra, as from the beginning of next year.