Hindalco to seek shareholders' approval for Rs 6,000 cr NCDs
Birla pointed out that the ongoing government initiatives such as the creation of 100+ smart cities, thrust on infrastructure, especially rural infra development, along with 'Make in India' and 'Digital India' will continue to support the demand for aluminium and copper.
Hindalco Industries will seek shareholders' approval for the issue of non-convertible debentures (NCDs) on private placement basis for aggregating Rs 6,000 crore,Image source:Official website