Hindalco board approves Rp50bn equity fundraise

Jonathan Breen

November 14, 2016 09:45 am

aluminium_rolls_230px — Rolls of aluminum close up in production shop of plant. | Pavel Losevsky/Pavel Losevsky - Fotolia

Metals producer Hindalco Industries, a unit of Indian conglomerate Aditya Birla Group, is planning to raise Rp50bn ($738.0m) in fresh funds, according to a stock exchange filing.

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Equity India Asia Follow-ons and Rights Issues Asia South Asia Asia Pacific ABBs-Block Trades Follow-ons and Rights issues Emerging Markets Equity-Linked

JB

Jonathan Breen

Equities editor GlobalCapital Asia