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Hinduja Foundries informs about outcome of finance committee meeting

16 Mar 2016 Evaluate

Hinduja Foundries has informed that subsequent to the approval accorded by the Board of Directors of the Company, at its meeting held on January 25, 2016 and the approval of the shareholders of the Company by way of a special resolution passed through postal ballot results announced on March 08, 2016, the Finance Committee of the Board of Directors of the Company has, at its meeting held on March 15, 2016, decided the opening of the Global Depository Receipts Issue on March 18, 2016.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
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Alicon Castalloy 684.70
Nelcast 141.10
Steelcast 295.55
Synergy Green Inds. 514.80
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