Trump impact neutral to positive for Novelis: Satish Pai, Hindalco MDHindalco Industries' MD Satish Pai indicated that US tariffs on aluminium will likely have a net neutral to positive impact on Novelis. Nov...
17 Feb, 2025, 03.10 PM IST
US aluminium tariff impact neutral to positive for Novelis, says Hindalco MD Satish PalThe US tariff on aluminium will have a net neutral to positive impact on Novelis, according to Hindalco Industries' managing director Satis...
15 Feb, 2025, 12.57 AM IST
Novelis IPO to be taken up once conditions are right for premium valuation, says Hindalco MD Satish PaiHindalco Industries will delay the IPO of its US subsidiary Novelis until market conditions improve and performance meets expectations for ...
12 Nov, 2024, 03.23 PM IST
Hindalco to list Novelis only at its desired valuation, says MD Satish PaiHindalco Industries will list its US subsidiary Novelis only at a desired valuation, delaying the IPO due to market conditions. The company...
23 Aug, 2024, 03.16 PM IST
Hindalco onboards Ananya Birla, Aryaman Birla as additional non-executive DirectorsThe Board of Hindalco Industries approved the appointment of Ananya Birla and Aryaman Vikram Birla as Additional Non-Executive Directors of...
13 Aug, 2024, 06.51 PM IST
Hindalco defers Novelis’ $945 mn US listingHindalco Industries has postponed the proposed $945-million listing of Novelis Inc due to concerns about potentially below-premium valuatio...
06 Jun, 2024, 07.13 AM IST
Hindalco-owned Novelis postpones US IPOOn Tuesday, Novelis, which is owned by the Indian billionaire Kumar Mangalam Birla's Hindalco Industries, announced the postponement of its...
05 Jun, 2024, 07.49 AM IST
Hindalco unit Novelis to debut on NYSE in 2 weeks at likely valuation of $12.6 blnHindalco will raise up to $945 million at the upper end of the proposed price range. Including a green-shoe option, whereby it could offer ...
29 May, 2024, 06.13 PM IST
Hindalco's US arm Novelis to list on NYSE in 2 weeksNovelis IPO: Novelis on Tuesday launched a roadshow for its proposed initial public offering (IPO), where Indian parent Hindalco plans to s...
29 May, 2024, 12.14 PM IST
Hindalco shares surge 2% after company arm Novelis files 45 million shares in IPOHindalco Share Price: Hindalco's shares surged 2% on the BSE during Wednesday's trading session, reaching a peak of Rs 695 for the day. Thi...
29 May, 2024, 12.10 PM IST
Hindalco's Novelis files papers for US IPO, targets up to $12.6 billion valuationNovelis is offering 45 million shares, and aims to raise $945 million in its US public offer, and has fixed the price band at $18-21 per sh...
28 May, 2024, 05.34 PM IST
Novelis may go for up to $1.5 billion IPO in JuneThe wholly-owned subsidiary of Hindalco Industries intends to list its shares on the New York Stock Exchange under the symbol “NVL”.
15 May, 2024, 05.47 PM IST
Aluminum products maker Novelis makes US IPO filing publicThe company is moving ahead with a listing at a time when the U.S. IPO market is on a rebound this year, after a two-year lull, on hopes of...
14 May, 2024, 08.01 AM IST
KM Birla said to mull seeking $1.2 billion in Novelis IPONovelis IPO: Hindalco may target a valuation of about $18 billion for Atlanta-based Novelis, the people said, asking not to be identified b...
08 May, 2024, 04.05 PM IST
Aditya Welekar on Novelis IPO, Hindalco and moreAditya Welekar of Axis Securities discusses the Novelis IPO's potential uses of funds, including capex and acquisitions. Hindalco aims to u...
21 Feb, 2024, 02.09 PM IST
Hindalco share price surges 5% after US subsidiary Novelis files for IPOHindalco share price: Hindalco share price surged nearly 5% to Rs 536 in Wednesday's intraday trade on BSE after the firm’s subsidiary Nove...
21 Feb, 2024, 12.40 PM IST
Hindalco's arm Novelis files draft papers for US IPOIn the IPO, the common shares are expected to be offered by Novelis’ sole shareholder. Novelis will not receive any proceeds from the IPO a...
20 Feb, 2024, 08.52 PM IST