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HNGIL TAKEOVER
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...
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...
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...