Hindalco Industries Ltd


BSE: 500440 | NSE: HINDALCO | ISIN: INE038A01020 
Market Cap: [Rs.Cr.] 21,088 | Face Value: [Rs.] 1
Industry: Aluminium and Aluminium Products

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Board Meet

28-May-13 
Hindalco Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 28, 2013, for consideration of the standalone and consolidated audited Financial Results of the Company for the quarter and year ended March 31, 2013 and recommendation of Dividend for the Financial Year 2012-13. 
08-Feb-13 
Hindalco Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 08, 2013, inter alia, to consider the Unaudited Financial Results of the Company, for the Third Quarter ended December 31, 2012 (Q3). 
06-Nov-12 
Hindalco Industries Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on November 06, 2012, inter alia, to consider, the Unaudited Financial Results (Provisional) of the Company, for the Second Quarter ended September 30, 2012. 
14-Aug-12 
Hindalco Industries Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on August 14, 2012, inter alia, to consider the Unaudited Financial Results (Provisional) of the Company, for the First Quarter ended June 30, 2012 (Q1). 
27-Jun-12 
Hindalco Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 27, 2012, to consider the following: 1. Consideration of the Audited Standalone and Consolidated Financial Results of the Company for the year ended March 31, 2012. 2. Recommendation of Dividend for the Financial Year ended March 31, 2012. Hindalco Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 27, 2012, inter alia, has recommended the payment of Dividend on Equity Shares of the Company for the Financial Year Commencing on April 01, 2011 upto March 31, 2012, to the equity shareholders @Rs. 1.55 per Equity Share of the face value of Re. 1/- each i.e. 155% per share subject to shareholders and other approvals. Further the Company has informed that, the Annual General Meeting of the shareholders of the Company will be held on September 11, 2012 at Ravindra Natya Mandir, P. L. Deshpande Maharashtra Kala Academy, Prabhadevi, Mumbai- 400 025. The Dividend on the Equity Shares, will be paid/dispatched to the Company's Equity Shareholders, on September 15, 2012 and the warrants will be made encashable at par in accordance of arrangement made by the Company with the Bankers as per guidelines of Reserve Bank of India. (AsPer BSE Announcement Website Dated on 27/06/2012) 

AGM

11-Sep-12
Hindalco Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 27, 2012, inter alia, has recommended the payment of Dividend on Equity Shares of the Company for the Financial Year Commencing on April 01, 2011 upto March 31, 2012, to the equity shareholders @Rs. 1.55 per Equity Share of the face value of Re. 1/- each i.e. 155% per share subject to shareholders and other approvals. Further the Company has informed that, the Annual General Meeting of the shareholders of the Company will be held on September 11, 2012 at Ravindra Natya Mandir, P. L. Deshpande Maharashtra Kala Academy, Prabhadevi, Mumbai- 400 025. The Dividend on the Equity Shares, will be paid/dispatched to the Company's Equity Shareholders, on September 15, 2012 and the warrants will be made encashable at par in accordance of arrangement made by the Company with the Bankers as per guidelines of Reserve Bank of India. Hindalco Industries Ltd has informed BSE that the 53rd Annual General Meeting (AGM) of the Company will be held on September 11, 2012. ( As Per BSE Announcement Dated on 16.08.2012) Hindalco Industries Ltd has informed BSE that the Annual General Meeting (AGM) of the Company held o September 11, 2012. (As per BSE Announcement Dated on 13.09.2012) Hindalco Industries Ltd has informed BSE regarding Voting Results of Annual General Meeting (AGM) of the Company was held on September 11, 2012, under Clause 35A. (As per BSE Announcement Dated on 14.09.2012)  
23-Sep-11
Hindalco Industries Ltd has informed BSE that the Annual General Meeting of the shareholders of the Company will be held on September 23, 2011 at Ravindra Natya Mandir, P. L. Deshpande Maharashtra Kala Academy, Prabhadevi, Mumbai - 400 025. The Dividend on the Equity Shares, will be paid/dispatched to the Company's Equity Shareholders, on September 28, 2011 and the warrants will be made encashable at par in accordance of arrangement made by the Company with the Bankers as per guidelines of Reserve Bank of India. Hindalco Industries Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on September 23, 2011, inter alia, have accorded to the following: 1. Adoption of the Audited Balance Sheet as at March 31, 2011 and Profit and Loss Account for the year ended on that date, the Report of the Directors and the Auditors thereon. 2. Declaration of Dividend on Equity Shares of the Company for the Financial Year 2010-11. 3. Re-appointment of Mr. Madhukar Manilal Bhagat, as a Director of the Company. 4. Re-appointment of Mr. Chaitan Manbhai Bhagat, as a Director of the Company. 5. Re-appointment of Mr. Sangram Singh Kothari, as a Director of the Company. 6. Re-appointment of M/s. Singhi & Co., Chartered Accountants, Kolkata, as Statutory Auditor of the Company. 7. Appointment of Mr. Ram Charan, as a Director of the Company. 8. Approval for payment of Commission to the Non-executive Directors of the Company at a rate not exceeding one percent of the net profits of the Company. 9. Amendment of Articles of Association of the Company. 10. Approval for Borrowings pursuant to Section 293(1)(d) of the Companies Act, 1956. 11. Approval for revision in the remuneration of Managing Director of the Company. 12. Approval for amendment in the Employee Stock Option Scheme ESOS 2006. (As Per BSE Announcement Dated on 30.09.2011) 
03-Sep-10
Hindalco Industries Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 26, 2010 to September 03, 2010 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on September 03, 2010. Hindalco Industries Ltd has informed BSE that the 51st Annual General Meeting (AGM) of the Company was held on September 03, 2010. 1. Adoption of the Report of the Directors and the Auditors, the Audited Balance-Sheet and the Profit & Loss Account of the Company for the year ended March 31, 2010. 2. Declaration of payment of Forty second Equity Dividend at the rate of Rs. 1.35 (135%) per Equity Share on fully paid-up Equity Shares of the face value of Re. 1/- each, for the year ended March 31, 2010. 3. Re-appointment of Mr. Kumar Mangalam Birla, Mr. E. B. Desai and Mr. A. K. Agarwala, as Directors of the Company.' 4. Re-appointment of Messrs. Singhi & Company, Chartered Accountants, Kolkata, as the Auditors of the Company to hold office from the conclusion of this Meeting till the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions. 5. Authority to Board to create a further mortgage and/or charge on such terms and conditions and at such time(s) and in such form and manner and with such ranking as to priority as the Board in its absolute discretion thinks fit, on the whole or substantially the whole of the Company's any one or more of the undertakings or of all the undertakings, including the present and/or future properties, whether movable or immovable comprised in any undertaking of the Company, as may be agreed to in favour of the Banks/Financial Institutions/other investors hereafter referred to as lenders and/or trustees to secure the term loan facility to be tied up by the Company together with interest on the principal amounts at the respective agreed rates, compound interest, additional interest, liquidated damages, accumulated interest, commitment charges, costs, charges, expenses, remuneration of agent(s)/ trustee(s) and all other monies payable by the Company to the concerned Institutions/Banks /Other Investors, under the respective trust deed/loan agreement/other relevant agreements entered into/to be entered into by the Company. (As Per BSE Announcement Website dated on 29.09.2010) 
18-Sep-09
Hindalco Industries Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 14, 2009 to September 18, 2009 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on September 18, 2009. Hindalco Industries Ltd has informed BSE that the members at the 50th Annual General Meeting (AGM) of the Company held on September 18, 2009, inter alia, have accorded to the following: 1. Adoption of the Reports of the Directors and the Auditors, the Audited Balance-Sheet and the Profit & Loss Account of the Company for the year ended March 31, 2009. 2. Declaration of payment of the interim Dividend @ 6% on 20,32,734 Preference Shares of Rs 2/- each fully paid-up, as final dividend for the Financial Year ended March 31, 2009. 3. Declaration of the payment Forty First Equity Dividend at the rate of Rs 1.35 (135%) per Equity Share on 170,02,70,807 fully paid-up Equity Shares of the face value of Re 1/- each for the year ended March 31, 2009. 3. Re-appointment of Mrs. Rajashree Birla, Mr. K N Bhandari & Mr. N J Jhaveri, as Directors of the Company. 4. Re-appointment of Messrs. Singhi & Company, Chartered Accountants, Kolkata, as Auditors of the Company to hold office from the conclusion of this Meeting till the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions. 5. Re-appointment of Mr. D Bhattacharya as the Managing Director of the Company with effect from October 01, 2008 for a period of 5 years on remuneration, terms & conditions. 6. Authority to the Board to create, issue, offer and allot, (including the provisions for reservation on firm and / or competitive basis, of such part of issue and for such categories of persons as may be permitted), in the course of one or more public or private offerings in domestic and / or one or more international market(s) with or without a green shoe option, Equity Shares (including Qualified Institutions Placement under SEBI DIP Guidelines and / or Equity Shares through depository receipts and / or convertible bonds and / or other securities convertible into Equity Shares at the option of the Company and / or the holder(s) of such securities, and / or securities linked to Equity Shares and / or securities including non-convertible debentures with warrants or other securities with or without warrants, which may either be detachable or linked, and which warrant has a right exercisable by the warrant holder to subscribe for the Equity Shares and / or warrants with an option exercisable by the warrant-holder to subscribe for Equity Shares and / or any instruments or securities representing either Equity Shares and / or convertible securities linked to Equity Shares (including the issue and allotment of Equity Shares pursuant to a Green Shoe Option, if any), ('Securities') to eligible investors under applicable laws, regulations and guidelines (whether residents and / or non-residents and / or institutions / banks and / or incorporated bodies, mutual funds, venture capital funds and Indian and / or multi lateral financial institutions and / or individuals and / or trustees and / or stabilizing agents or otherwise, and whether or not such investors are members of the Company), through prospectus and / or letter of offer or circular and / or on public and / or private / preferential placement basis, such issue and allotment to be made at such time / times, in one or more tranches, for cash, at such price or prices, in such manner and where necessary, in consultation with the Book Running Lead Managers and / or other Advisors or otherwise, on such terms and conditions as the Board, may, in its absolute discretion, decide at the time of issue of Securities provided that the total amount raised through the issuance of such Securities shall not exceed Rs. 2400 crore or its equivalent in one or more currencies, including premium if any as may be decided by the Board, to investors as mentioned above, subject to necessary provisions & approvals. 7. Authority to the Board to create, issue, offer and allot, (including the provisions for reservation on firm and / or competitive basis, of such part of issue and for such categories of persons as may be permitted), in the course of one or more public or private offerings in domestic and / or one or more international market(s) with or without a green shoe option, Equity Shares (including Qualified Institutions Placement under SEBI ICDR Regulations) and / or Equity Shares through depository receipts and / or convertible bonds and / or other securities convertible into Equity Shares at the option of the Company and / or the holder(s) of such securities, and / or securities linked to Equity Shares and / or securities including non-convertible debentures with warrants or other securities with or without warrants, which may either be detachable or linked, and which warrant has a right exercisable by the warrant holder to subscribe for the Equity Shares and / or warrants with an option exercisable by the warrant-holder to subscribe for Equity Shares and / or any instruments or securities representing either Equity Shares and / or convertible securities linked to Equity Shares (including the issue and allotment of Equity Shares pursuant to a Green Shoe Option, if any), (all of which are hereinafter collectively referred to as 'Securities') to eligible investors under applicable laws, regulations and guidelines (whether residents and /or non-residents and / or institutions / banks and / or incorporated bodies, mutual funds, venture capital funds and Indian and / or multi lateral financial institutions and / or individuals and / or trustees and / or stabilising agents or otherwise, and whether or not such investors are members of the Company), through prospectus and / or letter of offer or circular and / or on public and / or private / preferential placement basis, such issue and allotment to be made at such time / times, in one or more tranches, for cash, at such price or prices, in such manner and where necessary, in consultation with the Book Running Lead Managers and / or other Advisors or otherwise, on such terms and conditions as the Board, may, in its absolute discretion, decide at the time of issue of Securities provided that the total amount raised through the issuance of such Securities shall not exceed Rs. 2400 crore or its equivalent in one or more currencies, including premium if any as may be decided by the Board, to investors as mentioned above, subject to necessary provisions & approvals. 8. Increased the Authorized Share Capital of the Company from Rs 200,00,00,000 (Rupees Two Hundred Crore Only) divided into 195,00,00,000 (One Hundred Ninety Five Crore ) equity shares of Re 1 (Rupees One) each and 2,50,00,000 (Two Crore and Fifty Lacs) Redeemable Cumulative Preference Shares of Rs. 2 (Rupees Two) each to Rs 2,15,00,00,000 (Rupees Two Hundred and Fifteen Crore divided into 210,00,00,000 (Two Hundred Ten Crore ) equity shares of Re 1 (Rupees One) each and 2,50,00,000 (Two Crore and Fifty Lacs) Redeemable Cumulative Preference Shares of Rs 2 (Rupees Two) each by creation an issue of 15,00,00,000 (Fifteen Crore) Equity shares of Re 1/- each and consequently the respective Capital Clauses in the Memorandum and Article of Association of the Company. (As Per BSE Announcement Website dated on 12.10.2009) 
19-Sep-08
AGM 19/09/2008 Hindalco Industries Ltd has informed BSE that the members at the 49th Annual General Meeting (AGM) of the Company held on September 19, 2008, inter alia, have accorded to the following: 1. Adoption of the Reports of the Directors and the Auditors, the Audited Balance-Sheet and the Profit & Loss Account of the Company for the year ended March 31, 2008. 2. Declaration of the payment Fortyth Equity Dividend on 6% being Rs. 0.12 per Share on 20,32,734 fully Paid-Up Cumulative Redeemable Preference Shares of Rs 2/- each, and at the rate of Rs 1.85 (185%) per Equity Share on 122,68,72,273 fully paid-up Equity Shares of the face value of Re 1/- each and on Partly Paid-Up Shares in proportion to the Paid-Up value of Shares, for the year ended March 31, 2008. 3. Re-appointment of Mr. S S Kothari, Mr. M M Bhagat & Mr. C M Maniar, as Directors of the Company. 4. Re-appointment of Messrs. Singhi & Company, Chartered Accountants, Kolkata, as Auditors of the Company to hold office from the conclusion of this Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions. 5. Authority to the Board to use / deploy unutilized funds out of the proceeds of Rights Issue of its Equity Shares made in 2006, which stood at Rs 17,894 million as on March 31, 2008, for the repayment of the bridge loan taken to meet the costs of acquisition of Novelis inc, Canada, and other general corporate purposes, in addition to the utilization of issue proceeds as mentioned. in the Rights offer document. 6. Revision in remuneration payable to Mr. D Bhattacharya, Managing Director, for the remaining period of his tenure of office i.e. up to October 01, 2008. (As Per BSE Announcement Website dated on 21.10.2008) 

EGM

07-Mar-12
Hindalco Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 09, 2012, has approved the issuance of upto 15 Crores warrants to Promoters / Promoter Group Companies on preferentia1 allotment basis, entitling the holder(s) of each Warrant to apply for and obtain allotment of one equity share against such Warrant, under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 and other applicable relevant laws at a price not less than as arrived in accordance with the provisions of Chapter VII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. The Board has also approved calling an Extra-Ordinary General Meeting on March 07, 2012 for the aforesaid purpose. Hindalco Industries Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Company will be held on March 07, 201 at Birla Matushri Sabhagar, 19, Marine Lines, Mumbai - 400 020,to transact the following: - To create, offer, issue and allot, from time to time,in one or more tranches, upto 15,00,00,000 warrants on a preferential basis to Promoters Promoter Group entitling the holders of each warrant to apply for and obtain allotment of one equity share against such warrant (hereinafter referred to as the 'Warrants'),in such manner, at such price and on such terms and conditions as may be determined by the Board in accordance with SEBI ICDR Regulations, 2009 or other provisions of the law as may be prevailing at the time; provided that the minimum price of the Warrants so issued shall not be less than the price arrived at in accordance with provisions of Chapter VII of SEBI ICDR Regulations, 2009.(For more details kindly refer Corporate Announcements on www.bseindia.com). (As Per BSE Announcementwebsite Dated on 11/02/2012) Hindalco Industries Ltd has submitted to BSE the details regarding the voting results of the Extra-ordinary General meeting held on March 07, 2012. (As Per BSE Announcement website dated on 07.03.2012) 
17-Nov-09
Hindalco Industries Ltd has informed BSE that the Board of Directors of the Company vide Circular Resolution approved raising of investment limit of Foreign Institutional Investors (FIIs) to 40% subject to the necessary approval of the Shareholders of the Company. Board has also approved raising of long term finance by way of Qualified Institutional Placement (QIP) / Global Depository Receipts and / or other Securities with or without Green Shoe Option upto Rs. 2,900 Crores instead of earlier approval of Rs. 2,400 Crores. The Company has called an Extra Ordinary General Meeting on November 17, 2009 for the purpose of approval of the aforesaid items. Hindalco Industries Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on November 17, 2009, inter alia, to transact the following : 1. To create, issue, offer and allot, (including the provisions for reservation on firm and / or competitive basis, of such part of issue and for such categories of persons as may be permitted), in the course of one or more public or private offerings in domestic and / or one or more international market(s) with or without a green shoe option, Equity Shares (including Qualified Institutions Placement ('QIP') under ICDR Regulations) and / or Equity Shares through depository receipts and / or convertible bonds and / or other securities convertible into Equity Shares at the option of the Company and / or the holder(s) of such securities, and / or securities linked to Equity Shares and / or securities including non-convertible debentures with warrants or other securities with or without warrants, which may either be detachable or linked, and which warrant has a right exercisable by the warrant holder to subscribe for the Equity Shares and / or warrants with an option exercisable by the warrant-holder to subscribe for Equity Shares and / or any instruments or securities representing either Equity Shares and / or convertible securities linked to Equity Shares (including the issue and allotment of Equity Shares pursuant to a Green Shoe Option, if any), ('Securities') to eligible investors under applicable laws, regulations and guidelines (whether residents and / or non-residents and / or institutions / banks and / or incorporated bodies, mutual funds, venture capital funds and Indian and / or multi-lateral financial institutions and / or individuals and / or trustees and / or stabilising agents or otherwise, and whether or not such investors are members of the Company), through prospectus and / or letter of offer or circular and / or on public and / or private placement basis, such issue and allotment to be made at such time in one or more tranches, for cash, at such price or prices, in such manner and where necessary, in consultation with the Book Running Lead Managers and / or other Advisors or otherwise, on such terms and conditions as the Board, may, in its absolute discretion, decide at the time of issue of Securities provided that the total amount raised through the issuance of such Securities shall not exceed Rs. 2,900 crore or its equivalent in one or more currencies, including premium if any as may be decided by the Board, to investors as mentioned above, subject to necessary provisions and approvals. 2. Authority to the Board of Directors of the Company to permit foreign institutional investors ('FIIs') registered with The Securities and Exchange Board of India ('SEBI') to acquire and hold on their own account and on ehalf of each of their SEBI approved sub-accounts, shares of the Company upto an aggregate limit of 40% (Forty per cent) of the paid-up equity share capital for the time being; provided, however, that the equity shareholding of each FII on its own account and on behalf of each of SEBI approved sub-account in the Company shall not exceed 10% (Ten per cent) of the total paid-up equity share capital or such limits as are or may be prescribed, from time to time, under applicable laws, rules and regulations, subject to necessary provisions and approvals. (As Per BSE Announcement Dated on 21/10/2009) Hindalco Industries Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on November 17, 2009, have passed the Special Resolutions with regard to the following matters: 1. To issue further securities of the Company for the amount not exceeding Rs. 2900 Crores pursuant to the provisions of Section 81 (1A) of the Companies Act, 1956. 2. To increase in the limit of investment by Foreign Institutional investors (FIIs) from 24% to 40% in the Company's Equity Share Capital. (As Per BSE Announcement Website dated on 17.11.2009) 
02-Apr-09
Hindalco Industries Ltd has informed BSE that by an Order pronounced on February 27, 2009, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of the Company will be held on April 02, 2009, for the purpose of considering, and if thought fit, approving with or without modification(s), the arrangement embodied in the proposed Scheme of Arrangement between Hindalco Industries Ltd and its Shareholders for the purpose of financial restructuring of the Company (the "Scheme"). Hindalco Industries Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on April 02, 2009, inter alia, to the sanction of the Scheme of Arrangement by the High Court of Judicature, Bombay ("the High Court") and other appropriate authorities, if any, proposed by the Company pursuant to the provisions of Section 391 of the Companies Act, 1956 and, further, subject to the confirmation of the High Court and pursuant to the provision of Section 100 to 103 read with Sections 78 and other applicable provisions, if any, of the Companies Act, 1956 and Article 21 of the Article of Association of the Company, the Securities Premium Account of the Company as on December 31, 2008 shall be reduced by such an extent as determined by the Board of Directors of the Company pursuant to the Scheme of Arrangement for earmarking, allocating and crediting the said amount to Business Reconstruction Reserve Account of the Company, subject to necessary provisions & approvals. Hindalco Industries Ltd has informed BSE that as per the direction of the Hon'ble High Court of Mumbai, the Shareholders of the Company at its meeting held April 02, 2009, has approved the Scheme of Arrangement between the Company and its Equity Shareholders, by requisite majority. Further, the Company informed that at the Same meeting the Shareholders has also approved the Resolution confirming the reduction of the Capital. (As Per BSE Announcement Website dated on 06.04.2009) 
12-Nov-07
Hindalco Industries Ltd has informed BSE that pursuant to the order made by the High Court of Judicature at Bombay, a meeting of the Equity Shareholders of the Company will be held on November 12, 2007, for the purpose of considering and if thought fit, approving with or without modifications, the Scheme of Amalgamation of Indian Aluminium Company Ltd with the Company. Hindalco Industries Ltd has informed BSE that the shareholders of the Company at their Court Convened Meeting held on November 12, 2007, have approved the Scheme of Arrangement for Amalgamation of Indian Aluminium Company Ltd with the Company by requisite majority. (As Per BSE Announcement Website Dated on 16/11/2007) 
28-Mar-07
The Board has also approved calling the Extra ordinary General Meting for the approval for the aforesaid Preferential allotment on March 28, 2007. The relevant date for the purpose of determining the price for the Preferential Issue of the Equity Shares and Warrants as aforesaid would be 30 days prior to the date of Extra Ordinary General Meeting to be held on March 28, 2007 under the Chapter XIII of the Securities and Exchange Board of India (Disclosure and Investors Protection) Guidelines 2000 (SEBI (DIP) Guidelines). Hindalco Industries Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on March 28, 2007, inter alia, to transact the following: 1. To create, offer, issue and allot, from time to time in one or more tranches, upto 67,500,000 equity shares of face value of Re 1/- each on a preferential basis to the Promoters / Promoter Group of the Company and in such manner and on such price, terms and conditions as may be determined by the Board in accordance with the provision of Chapter XIII of the SEBI DIP Guidelines or other provisions of the law as may be prevailing at the time; provided that the price inclusive of premium on the equity shares so issued shall not be less than the minimum price arrived at in accordance with provisions of Chapter XIII of SEBI (DIP) Guidelines, subject to necessary provisions & approvals. 2. To create, offer, issue and allot, from time to time, in one or more tranches, upto 80,000,000 warrants on a preferential basis to Promoters / Promoter Group of the Company entitling the holder of each warrant to apply for and obtain allotment of one equity share against such warrant ("Warrants"), in such manner and on such price, terms and conditions as may be determined by the Board in accordance with the SEBI (DIP) Guidelines or other provisions of the law as may be prevailing at the time; provided that the minimum price of the Warrants so issued shall not be less than the price arrived at in accordance with provisions of Chapter XIII of SEBI (DIP) Guidelines, subject to necessary provisions & approvals. (As per BSE Announcement website dated on 06/03/2007) Hindalco Industries Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 28, 2007, inter alia, have passed the following resolutions, by majority: 1. Authority to the Board to create, offer, issue and allot, from time to time in one or more tranches, upto 67,500,000 equity shares of face value of Re 1/- each on a preferential basis to the Promoters / Promoter Group of the Company and in such manner and on such price, terms and conditions as may be determined by the Board in accordance with the provision of Chapter XIII of the SEBI DIP Guidelines or other provisions of the law as may be prevailing at the time; provided that the price inclusive of premium on the equity shares so issued shall not be less than the minimum price arrived at in accordance with provisions of Chapter XIII of SEBI (DIP) Guidelines, subject to necessary provisions & approvals. 2. Authority to the Board to create, offer, issue and allot, from time to time, in one or more tranches, upto 80,000,000 warrants on a preferential basis to Promoters / Promoter Group of the Company entitling the holder of each warrant to apply for and obtain allotment of one equity share against such warrant ("Warrants"), in such manner and on such price, terms and conditions as may be determined by the Board in accordance with the SEBI (DIP) Guidelines or other provisions of the law as may be prevailing at the time; provided that the minimum price of the Warrants so issued shall not be less than the price arrived at in accordance with provisions of Chapter XIII of SEBI (DIP) Guidelines, subject to necessary provisions & approvals. (As Per BSE Announcement Website Dated on 29/03/2007) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Hindalco Inds. 21,088.22 11.36 0.67 10.38 7.3 7.0 0.38
Natl. Aluminium 9,213.63 15.75 0.79 5.53 7.4 11.4 0.00
Indian Aluminium 5,829.07 0.00 83.05 0.00 0.0 0.0 0.29
Ess Dee Alumin. 1,740.80 34.16 2.57 5.14 9.3 12.0 0.39
Madras Aluminium 1,303.31 41.97 1.94 0.00 5.3 6.3 0.00
Parekh Aluminex 75.70 0.00 0.17 5.45 20.8 16.4 1.88
PG Foils 35.28 0.00 0.43 5.30 5.2 9.3 0.72
Sacheta Metals 27.94 37.82 1.01 14.97 3.3 6.5 0.42
Hind Aluminium 22.05 4.27 0.47 4.42 14.8 12.3 1.48
Gujarat Foils 18.86 3.12 0.54 5.96 3.5 11.8 2.21
Alumeco India 9.86 0.00 -1.38 0.00 0.0 0.0 0.00
Century Extrus. 9.52 2.90 0.27 3.88 9.4 13.9 1.13
Mahavir Alum. 9.36 0.00 0.61 0.00 10.5 12.8 0.21
Sudal Inds. 8.45 12.02 0.50 3.67 13.9 21.3 1.09
Hamco Mining 8.29 0.35 0.04 4.75 10.2 12.8 0.58

Futures & Options Quote

 
Expiry Date
110.50 0.70  [0.6]%
Instrument: FUTSTK
Expiry Date: 30 May 2013
Open Price: 111.15
Average Price: 110.64
No. of Contracts Traded: 8,790,000
Open Interest: 26,206,000
Underlying: HINDALCO
Market Lot: 2000
Previous Close: 110.50
Day’s High | Low: 112.20 | 109.50
Turnover (Cr.): 97.25
Open Int. Change: -210,000.00 ( [0.8]% )
View detailed F& O quotes >>

Key Information

Key Executives:

Kumar Mangalam Birla , Chairman 

D Bhattacharya , Managing Director 

Rajashree Birla , Director 

C M Maniar , Director 


Company Head Office / Quarters:
Century Bhavan 3rd Floor,
Dr Annie Besant Road Worli,
Mumbai,
Maharashtra-400030
Phone : 91-22-66626666
Fax : 91-22-24227586/24362516
E-mail : anil.malik@adityabirla.com
Web : http://www.hindalco.com
Registrars:
Hindalco Industries Ltd
Ahura Centre 1st Flr
Mahakali Caves Road
Andheri (East)
Mumbai - 400 093

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May-2013
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IPO
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