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Hindusthan National Glass & Industries gets nod for scheme of merger

10 Feb 2014 Evaluate

Hindusthan National Glass & Industries’ board of directors at its meeting held on February 10, 2014, has approved the Merger of Glass Equipment (India) and Quality Minerals with the Company.

Hindusthan National Glass & Industries offers premium glass containers for every kind of application. HNGIL is an acknowledged market leader of today and producing 6 million bottles per day ranging from 5 ml to 3200 ml containers for multifarious industries like pharmaceuticals, beverages, processed foods, cosmetics, liquors etc.

Peers
Company Name CMP
Asahi India Glass 1088.15
Borosil Renewables 421.70
Borosil Scientific 112.10
Haldyn Glass 137.40
Sejal Glass 954.95
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