Hindalco Industries has informed that Renuka Investments and Finance (wholly owned subsidiary of the Company) has completed the acquisition of 5,20,20,000 equity shares of Rs 10 each of Ryker Base for a consideration of Rs 1,675.4 million subject to adjustment of final purchase price in accordance with the SPA. Consequent to the said acquisition, Ryker Base has become a wholly owned subsidiary of Renuka Investments and Finance.
The above information is a part of company’s filings submitted to BSE.
