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. Also Read Hindalco Q3 PAT down 2%, high input cost a concernDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
