HINDALCO INDUSTRIES LTD. - Hindalco Industries Ltd reply to clarification sought by the exchange

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22 Sep 2015
The Exchange had sought clarification from Hindalco Industries Ltd with respect to news appearing in Business Line on September 22, 2015 titled "Hindalco arm sells Australian copper mine"<BR><BR>Hindalco Industries Ltd replied stating "Please note that Aditya Birla Minerals Ltd (ABML) is our subsidiary listed on Australian Stock Exchange. Hindalco holds 51% share holding in ABML. Mount Gordon is a 100% subsidiary of ABML. <BR><BR>Please note that ABML is not a material subsidiary of Hindalco under clause 49 of the Listing Agreement. <BR><BR>The decision to sell Birla Mount Gordon Pty Ltd has been taken by the Board of Directors of ABML."
View all announcements for HINDALCO INDUSTRIES LTD.	Source: BSE India

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