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Hindalco Industries Ltd. Capital/Financing Update 2019
59187_rns_2019-04-26_af3a3abc-aa53-4808-a76b-91d0ad9622fd.pdf
Capital/Financing Update
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AM/STOEX-GN/52
26th April, 2019
| BSE Limited | National Stock Exchange of India | |
|---|---|---|
| Phiroze Jeejeebhoy Towers | Limited | |
| Dalal Street | Exchange Plaza, 5th Floor | |
| Mumbai: 400 001 | Plot No. C/1, G Block | |
| Bandra Kurla Complex | ||
| Bandra (East) | ||
| MUMBAI-400051 | ||
| Mr. Daniel Schammo | ||
| Banque Internationale A Luxembourg | ||
| Societe Anonyme | ||
| 69, Route d'Esch | ||
| L-2953 LUXEMBOURG | ||
| Fax No. 00 352 4590 2010 | ||
| TEL. NO. 00 352 4590-1 | ||
Dear Sir,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
The Company has sold its business undertaking at Kollur, Telangana on slump sale basis to Mundhra Alufoil Private Limited through a Business Transfer Agreement dated 26th April, 2019. The Kollur plant is primarily in the business of manufacturing and sales of aluminum foils. However, the Kollur plant is not in operation since March 2016. This transaction will not have an impact on the financials of the Company.
The above intimation is in pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Thank you,
Yours faithfully,
Hindalco Industries Limited
6th & 7th Floor, Birla Centurion, Pandurang Budhkar Marg, Worli, Mumbai 400030, India. T: +91 22 6662 6666 / 6261 0555 | F: +9122 6261 0400 / 6261 0500 | W: www.hindalco.com Registered Office: Ahura Centre, B-Wing, 1st Floor, Mahakali Caves Road, Andheri (East), Mumbai 400 093, India. Corporate ID No.: L27020MH1958PLC011238