Hindalco Industries Ltd.

Hindalco Industries has received an approval for the issuance of Non?Convertible Debentures (NCDs) on private placement basis, for an amount not exceeding Rs 700 crore. The Capital Raising Committee of the Board of Directors of the company at its meeting held on January 10, 2023, approved the same.

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.