Odisha Government approves HIL to set up manufacturing plant in Balasore, Orissa

This will augment the Company’s leadership in its branded, Building Solutions business.

Apr 30, 2021 04:04 IST India Infoline News Service

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HIL Limited has informed that, the Odisha Government’s State Level Single Window Clearance Authority (SLSWCA) on 28th April, 2021 has approved the application made by the Company to set up manufacturing plant of Blocks (150,000 CuM PA), Panels (36,000 MT PA) and Boards (30,000 MT PA) at Balasore, Orissa.

This will augment the Company’s leadership in its branded, Building Solutions business.

With its solutions-oriented approach this segment is well-placed to carry forward performance momentum.

Hil ended at Rs3,600.50 per piece down by Rs10.25 or 0.28% from its previous closing of Rs3,610.75 per piece on the BSE.

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