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Hindalco EGM on March 7 to decide on warrant issue

Leading aluminium manufacturer Hindalco's plan to issue 15 crore worth of warrants to promoters could face some serious trouble.

February 23, 2012 / 21:53 IST
     
     
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    Leading aluminium manufacturer Hindalco's plan to issue 15 crore worth of warrants to promoters could face some serious trouble.


    Institutional investor advisory services, which provides independent opinion on corporate governance issues, has asked investors to vote against the warrant issue.


    The Hindalco extraordinary general meeting is slated for March 7.


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