Board of Hinduja Foundries decides to raise funds up to Rs 400 crore

At meeting held on 13 January 2016

Hinduja Foundries announced that the Board of Directors of the Company at its meeting held on 13 January 2016, have resolved to raise funds for the operation of the Company upto Rs. 400 crore by way of issue of Securities.

The Board resolved and authorized the finance committee, being a committee of the directors for the purpose of deciding the details of the issue of Securities.

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