Hindusthan National Glass & Industries has informed that the board of directors of the company at its meeting held on November 07, 2012, have approved to issue new equity shares of face value of Rs. 2/- each of the company, at a premium, issue size aggregating, upto Rs. 300 crores on rights/preferential basis, either as direct equity or through a convertible instrument.
The above information is a part of company's filings submitted to BSE.