15th November, 2022
BSE Limited | National Stock Exchange of India Limited |
Phiroze Jeejeebhoy Towers | Exchange Plaza, 5th Floor, |
Dalal Street | Plot No. C/1, G Block, |
Mumbai: 400 001 | Bandra Kurla Complex, Bandra (East) |
Mumbai - 400 051 | |
Scrip Code: 500440 | Scrip Code: HINDALCO |
Mr. Daniel Schammo | |
Banque Internationale A | |
Luxembourg | |
Societe Anonyme | |
69, Route d'Esch | |
L-2953 LUXEMBOURG | |
Fax No. 00 352 4590 2010 | |
Tel. NO. 00 352 4590-1 | |
Dear Sir/ Madam, |
Sub: Clarification on News Item - "Hindalco to plan new projects strictly in line with cash flows, won't borrow"
Re: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations)
We refer to your letter / email dated 14 November, 2022 seeking clarification on the news item "Hindalco to plan new projects strictly in line with cash flows, won't borrow: MD Satish Pai" which appeared in the www.moneycontrol.comdated November 14, 2022.
The Company reviews various growth projects announced on an ongoing basis. We have made and will continue to make disclosures in compliance with our obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and our agreements with the Stock Exchanges.
We wish to confirm that the Company is not aware about the reasons for the price
movement of our Company's security, as queried in the above said email/letter.
Hindalco Industries Limited
6th & 7th Floor, Birla Centurion, Pandurang Budhkar Marg, Worli, Mumbai - 400030, India T:+91 22 66626666/62610555 | F:+912262610400/62610500 | W: www.hindalco.comRegistered Office : Ahura Centre, 1st Floor, B wing, Mahakali Caves Road, Andheri (East), Mumbai - 400093, India
Corporate ID No: L27020MH1958PLC011238
We would also like to inform you that our Company has been giving timely disclosures of all material events as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and assure you to give timely disclosure of material events, if any, in future.
Kindly take note of the same and acknowledge the receipt.
For Hindalco Industries Limited
ANIL KUMAR KISHAN MALIK
Digitally signed by
ANIL KUMAR
KISHAN MALIK Date: 2022.11.15 12:12:49 +05'30'
Anil Malik
President & Company Secretary
Hindalco Industries Limited
6th & 7th Floor, Birla Centurion, Pandurang Budhkar Marg, Worli, Mumbai - 400030, India T:+91 22 66626666/62610555 | F:+912262610400/62610500 | W: www.hindalco.comRegistered Office : Ahura Centre, 1st Floor, B wing, Mahakali Caves Road, Andheri (East), Mumbai - 400093, India
Corporate ID No: L27020MH1958PLC011238
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Hindalco Industries Ltd. published this content on 15 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2022 10:10:03 UTC.