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Hindusthan National Glass to divest entire stake in HNG Global GmbH

28 Sep 2015 Evaluate

Hindusthan National Glass & Industries has received an approval to divest its entire stake in HNG Global GmbH, Germany, a wholly owned subsidiary of the company subject to approval of the shareholders. The board of directors at its meeting held on September 26, 2015 has approved for the same.

Hindusthan National Glass & Industries offers premium glass containers for every kind of application for multifarious industries like pharmaceuticals, beverages, processed foods, cosmetics, liquors etc.


Peers
Company Name CMP
Asahi India Glass 1055.10
Borosil Renewables 419.60
Borosil Scientific 109.95
Haldyn Glass 135.75
Sejal Glass 873.25
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