Hindalco Industries rises 0.9% on average volume for a second consecutive day, a two day rise of 4.5%
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Hindalco Industries Limited Planning To Raise INR9,000 Crore (INR90 Billion) For Odisha Greenfield Project-The Economic Times
The Economic Times reported that Hindalco Industries, is on an aggressive drive to raise funds for its biggest greenfield project in Odisha. The Company plans to tap about INR9,000 crore (INR90 billion)for the project. "We are planning to raise up to INR9,000 crore (INR90 billion) for the Odisha project, but are yet to decide on the route, whether it will be a bank term borrowing or any other instrument," said one of the Company officials directly involved in the exercise. The Company's senior executives are scheduled to announce their plans at an investor meet scheduled later this week.
Latest Developments for Hindalco Industries Ltd
- Odisha Pollution Control Board Orders Shutdown Of HindalCo Industries Ltd's Power Unit-The Economic Times
- Hindalco Industries Limited Recommends Dividend; Announces Allotment And Completion Of Secured Redeemable Non-convertible Debentures
- Hindalco Industries Limited Announces Issuance Of Secured Redeemable Non-convertible Debentures On Private Placement basis
- India's Hindalco Industries Limited To Raise INR30 Billion Via Bonds At 9.55%-Reuters
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