Jyothy Laboratories Ltd: Outcome of Board Meeting

Jyothy Laboratories Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 16, 2011, has considered and approved the acquisition of 1,73,51,686 equity shares of Rs. 10/- each (fully paid up) representing 14.90% of the paid up equity share capital of Henkel India Limited ("Shares") from Tamilnadu Petroproducts Limited at a price not exceeding Rs. 35/- per equity share of Henkel India Limited.