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HNGIL
In fresh trouble, B9 Beverages gets legal notice from HNGILCraft beer maker Bira 91 faces a new legal challenge. Hindusthan National Glass & Industries has issued a notice alleging over ₹8 crore in ...- CCI rejects AGI Greenpac plea on INSCO green channel nod for HNG dealThe Competition Commission of India has once again rejected AGI Greenpac's challenge. The regulator upheld the green channel approval for I...
- Energy, exports and efficiency: HNGIL’s roadmap to global competitivenessAs input volatility and recycling mandates rise, India’s largest glassmaker bets on efficiency-led investments and selective global markets.
- HNGIL revival kicks off with Kolkata as Madhvani Group's INSCO takes chargeUganda's Madhvani Group, through INSCO, has successfully acquired Hindustan National Glass & Industries Ltd (HNGIL) for Rs 2,250 crore. New...
- INSCO completes acquisition of HNGIL under IBC processIndependent Sugar Corporation completed its acquisition of Hindustan National Glass & Industries. This concludes a seven-year insolvency ca...
- Madhvani Group’s INSCO completes acquisition of Hindustan National Glass under IBCIndependent Sugar Corporation Limited completed its acquisition of Hindustan National Glass & Industries Limited. This happened under the I...
- Cerberus Capital, IFC to fund Madhvani group's Hindusthan National Glass buyoutHindusthan National Glass and Industries Limited (HNG) was admitted for insolvency proceedings in October 2021 at the behest of DBS Bank, a...
- Madhvani Group begins takeover of Hindustan National Glass after NCLT clears ₹2,250 crore planThe Madhvani Group, through INSCO, is set to acquire Hindustan National Glass & Industries Limited after NCLT approval of its ₹2,250 crore ...
- Madhvani Group plans Rs 10,000 cr investment over next 5 yearsMadhvani Group, a Ugandan conglomerate, plans to invest Rs 10,000 crore in India over the next five years, encouraged by the government's p...
- INSCO submits Rs 2,752 crore revised resolution plan for HNGIL take overIndependent Sugar Corporation (INSCO) has presented a revised Rs 2,752 crore resolution plan to acquire Hindusthan National Glass & Industr...
- AGI Greenpac flags flawed CCI nod to INSCO’s Rs 2,800 crore HNG takeoverAGI Greenpac has challenged the approval of Independent Sugar Corp's takeover of Hindusthan National Glass. AGI claims the approval by the ...
- Farallon may bankroll Madhvani arm's offer for Hindusthan GlassFarallon Capital Management is evaluating a ₹1,400 crore financing package to support INSCO's ₹1,851 crore bid for Hindusthan National Glas...
- JSW Energy to await CCI clearances before acquiring KSK Mahanadi Power following SC rulingJSW Energy is awaiting clearances, including CCI approval, before proceeding with its acquisition of KSK Mahanadi Power. The Supreme Court'...
- INSCO urges CoC to fast track bid for HNG after Supreme Court nullifies AGI Greenpac's resolution planINSCO has urged the Committee of Creditors to expedite their bid for Hindustan National Glass following the Supreme Court's nullification o...
- SBI fails to draw buyers for Hindusthan National Glass' Rs 1,703-cr bad debtThe bank had set a Rs 821 crore reserve price on the HNGIL debt, implying a 48% recovery on the total outstanding amount. Nearly half a doz...
- CCI gives clean chit to INSCO in Hindustan National Glass caseCCI has now given a clean chit to INSCO on February 13 through an order dated February 6, 2024, dismissing the allegations leveled by AGI G...
- Hindusthan Glass to sell stake in subsidiary to Turkish firmThe stake of HNG Float Glass, where Hindusthan National Glass and Industries Ltd and Somany family together hold 87.6% shareholding, would ...
- Hindusthan National Glass to acquire Germany's Agenda Glas for Rs 320 croreHindusthan National Glass Industries said it will acquire Germany-based Agenda Glas, AG, entailing an investment of nearly Rs 320 crore ove...
- HNGIL to invest Rs 5,000cr in 5yrs to hike production capacityA leading glass manufacturer, HNGIL had posted net sales of Rs 1,545 crore last fiscal and it is eyeing Rs 2,200 crore this fiscal.
- CRISIL assigns Fundamental grade ‘4/5’ to Hindusthan National GlassCRISIL Equities has assigned Fundamental Grade "4/5" to Hindusthan National Glass & Industries Ltd, which indicates that the fundamentals o...
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