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Board of Hindalco Industries approves acquisition of fabrication facility of Home Build Tech India

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Last Updated : May 24 2024 | 3:50 PM IST

On 24 May 2024

The Board of Hindalco Industries has approved an acquisition of fabrication facility of Home Build Tech India (HBT), by way of entering into a binding MoU. The acquisition shall be effectuated through a Special Purpose Vehicle [to be incorporated as a wholly owned subsidiary of the Company], as a part of the transaction. The cost of acquisition is Rs 34 crore.

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First Published: May 24 2024 | 3:33 PM IST

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