Hindalco raises $600 mn from share sale: Sources

Published on Tue, Nov 24, 2009 at 11:00 |  Source : Reuters

Updated at Wed, Nov 25, 2009 at 10:08  

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Hindalco raises $600 mn from share sale: Sources

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Hindalco Industries has raised USD 600 million through sale of shares, two sources with direct knowledge of the deal said on Tuesday.

On Monday, the company had said it was opening the sale at Rs 130.90 a share and had shareholder approval to raise up to Rs 29 billion (USD 625 million).

  

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