April 28 (Reuters) - Avon Lifesciences Ltd AVOL.BO :
* Manoj Jain, has been remanded to police custody in connection with a drug
seizure case.
* Company is accepting Manoj Jain's resignation from the board of directors
with immediate effect.
* Company continues to cooperate fully with the ongoing investigations by
various agencies
* Once investigations are complete, co will review Manoj Jain's re-appointment
based on facts that would emerge at appropriate date
* Source text:[http://bit.ly/1SBVrEU]
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