HSIL has disinvested/sold its entire investment in equity shares of its wholly owned subsidiary ‘HSIL Associates’ pursuant to the decision taken by the board in its meeting held on May 18, 2015. Accordingly, HSIL Associates ceases to be a subsidiary company of HSIL.
HSIL is one of the leading domestic players in container glass and building products segments. Under the second segment, the company manufactures and trades in sanitaryware products, faucets and wellness products. It has five manufacturing facilities in India, of which three are located in Andhra Pradesh, one in Rajasthan and one in Haryana.