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Hindalco Industries Ltd. — Capital/Financing Update 2021
Aug 6, 2021
59187_rns_2021-08-06_8be7f427-8da3-4238-94e6-b24f23371516.pdf
Capital/Financing Update
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06[th] August, 2021
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BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Dalal Street Plot No. C/1, G Block Mumbai: 400 001 Bandra Kurla Complex Scrip Code: 500440 Bandra (East) Mumbai – 400 051 Scrip Code: HINDALCO 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 Sirs,
Sub: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and ‐ Disclosure Requirements) Regulations, 2015 Expansion to increase Flat Rolled Products Capacity
We hereby inform that the Board of Directors of the Company at its meeting held today has approved a downstream Flat Rolled Project ( FRP) at our existing facilities at Hirakud and Aditya. The total investment for the project is approx Rs. 3000 Crore for a production capacity of 170 KTPA of FRP products.
Project implementation period is of 36 months. The commercial production from project is expected to commence by FY25.
This is for your information and records.
For Hindalco Industries Limited
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Anil Malik President & Company Secretary
Hindalco Industries Limited
6[th] & 7[th] Floor, Birla Centurion, Pandurang Budhkar Marg, Worli, Mumbai – 400030, India T:+91 22 66626666/62610555 | F:+912262610400/62610500 | W: www.hindalco.com Registered Office : Ahura Centre, 1[st] Floor, B wing, Mahakali Caves Road, Andheri (East), Mumbai – 400093, India
Corporate ID No: L27020MH1958PLC011238