Key Developments: Hindalco Industries Ltd (HALC.BO)

HALC.BO on Bombay Stock Exchange

19 Sep 2014
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Rs1.25 (+0.77%)
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Latest Key Developments (Source: Significant Developments)

HindalCo Industries Ltd approves raising of funds
Friday, 18 Jul 2014 07:52am EDT 

HindalCo Industries Ltd:Approved raising of funds for an amount not exceeding 50.00 bln Indian Rupees through issuance of securities.It is including equity shares or equity linked securities, including through a qualified institutions placement under the Securities and Exchange Board of India Regulations, 2009.Issuance of equity shares through convertible bonds, depository receipts and/or any other instrument convertible or exchangeable into Equity Shares, and/or other securities with or without warrants, to eligible investors.  Full Article

HindalCo Industries Ltd recommends dividend
Thursday, 29 May 2014 04:40am EDT 

HindalCo Industries Ltd:Recommended payment of dividend on equity shares of company for FY commencing on April 01, 2013 upto March 31, 2014.Dividend to equity shareholders at 1 Indian rupee per equity share of face value of 1 Indian rupee each that is 100 pct per share subject to shareholders and other approvals.  Full Article

HindalCo Industries Ltd Recommends Dividend
Tuesday, 28 May 2013 06:36am EDT 

HindalCo Industries Ltd announced that the Board of Directors of the Company at its meeting held on May 28, 2013, inter alia, has recommended the payment of Dividend on Equity Shares of the Company for the Financial Year Commencing on April 01, 2012 upto March 31, 2013, to the Equity Shareholders at INR1.40 per Equity Share of the face value of INR1 each. i.e. 140% per share subject to shareholders and other approvals.  Full Article

HindalCo Industries Ltd's Subsidiary Announces Acquiring Alumina Refinery From Novelis inc's Subsidiary
Friday, 18 Jan 2013 01:22am EST 

HindalCo Industries Ltd announced that it has finalized its arrangement for acquiring Alumina Refinery and Bauxite Mines from Novelis Do Brasil Ltda, a wholly owned subsidiary of Novelis inc. The agreement was executed between Novelis Do Brasil, Novelis Inc. and AV Minerals (Netherlands) B.V., a wholly owned subsidiary of Hindalco Industries Ltd. The Alumina Refinery, with a capacity of 145 KPTA, situated in the city of Ouro Preto, State of Minas Gerias, Brazil, has Mining Rights of over 50 million tonnes of Bauxite reserves. Financial terms were not disclosed.  Full Article

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