Champagne Vineyards will set up a 100 per cent subsidiary company in the United Kingdom, the company's board of directors decided in a meeting held today.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The subsidiary company will pursue its global business prospects with a view to enter into alliance, takeovers, management of food and restaurants related business internationally, the company said in statement delivered to the Bombay Stock Exchange. </P>
</p><p class='TableClas'>Champagne Vineyards' stock was trading upwards by 4.68 per cent at Rs 49.20 per share as against its yesterday's close of Rs 47 per share. </P></p><p class='TableClas'></p></table>


Champagne Vineyards to form subsidiary in UK

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