SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Hindalco completes issuance of NCD amounting Rs 3000 crore

30 Apr 2012 Evaluate

Hindalco Industries has completed issuance of Secured Redeemable Non-Convertible Debentures (NCD) amounting to Rs 3,000 crore on Private Placement (PP) basis at the coupon of 9.55% per annum.

The proceeds from this issue will be used for the general business purposes including capital expenditure, working capital, refinancing of existing debt. The mentioned debentures are proposed to be listed on WDM of National Stock Exchange of India.

The Committee of Directors in their meeting held on April 25, 2012, approved the allotment of 30,000 secured Redeemable Non-convertible Debentures on Private Placement basis, having the face value of Rs 10,00,000 each to the eligible Investors, in accordance with SEBI (Issue and Listing of Debt Securities) Regulations, 2008, and other relevant laws

Hindalco Industries, the metals flagship company of the Aditya Birla Group, is an industry leader in aluminium and copper. The company's aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines. Meanwhile, the Birla Copper unit produces copper cathodes, continuous cast copper rods along with other by-products, including gold, silver and DAP fertilisers.

Hindalco Share Price

1041.40 1.20 (0.12%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1041.40
Vedanta 735.60
Hindustan Zinc 592.05
Jain Resource Recycl 409.85
Gravita India 1587.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×