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

The Exchange had sought clarification from Hindalco Industries Ltd with respect to news appearing on ET NOW on December 16, 2014 titled "Special Court rejects closure & orders CBI to further investigate the coal scam involving Hindalco."<BR><BR>Hindalco Industries Ltd replied stating "CBI as per the direction of the Hon'ble Supreme Court is investigating coal allocations made to various Companies including Hindalco. CBI is directly reporting to the Special Court. <BR><BR>While the CBI has given its closure report, the Court has asked for further investigation on few specific aspects. As the matter is between the CBI and the Court, and also subjudice, it is inappropriate for us to comment."