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Mount Everest Mineral Water`s directors resign

Mount Everest Mineral Water has announced that Foresight Holdings (FHPL) represented by Salim Govani and Vinod Sethi, promoters of the company, have sold their remaining shareholding constituting 4.98% of the shares of the company to Tata Global Beverages (TGBL), and accordingly, the shareholders` agreement dated 01 June 2007 between TGBL, FHPL, Salim Govani, Vinod Seth and the company stands terminated. Govani and Sethi vide their letters dated 03 May 2012, have tendered their resignation as directors of the company, which has been accepted by the board of directors of the company with effect from 03 May 2012.

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