The Exchange had sought clarification from Hindalco Industries Ltd with respect to news article appearing in Financial Express on April 24, 2015 titled "Birla's Hindalco said to seek $350 million selling real estate".
The Exchange had sought clarification from Hindalco Industries Ltd with respect to news article appearing in Financial Express on April 24, 2015 titled "Birla's Hindalco said to seek $350 million selling real estate".
Hindalco Industries Ltd clarified "We have already sent the clarification vide our email dated 25th Sept 2014 in response to your query dated 24th Sept 2014, which stated as "In this regard, please be informed that we constantly evaluate various value optimization options with respect to the non-productive assets of the company including the land located at Kalwa, Thane."
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