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Hindalco Industries sells business undertaking in Telangana

26 Apr 2019 Evaluate

Hindalco Industries has sold its business undertaking at Kollur, Telangana on slump sale basis to Mundhra Alufoil through a Business Transfer Agreement dated April 26, 2019. The Kollur plant is primarily in the business of manufacturing and sales of aluminum foils. However, the Kollur plant is not in operation since March 2016. This transaction will not have an impact on the financials of the company.

Hindalco Industries 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.

Hindalco Industries Share Price

939.60 -17.05 (-1.78%)
01-Jul-2026 16:59 View Price Chart
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Company Name CMP
Hindalco Industries 939.60
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