To install click the Add extension button. That's it.

The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. You could also do it yourself at any point in time.

Kelly Slayton
Congratulations on this excellent venture… what a great idea!
Alexander Grigorievskiy
I use WIKI 2 every day and almost forgot how the original Wikipedia looks like.
Live Statistics
English Articles
Improved in 24 Hours
Added in 24 Hours
What we do. Every page goes through several hundred of perfecting techniques; in live mode. Quite the same Wikipedia. Just better.

Hindalco Industries

From Wikipedia, the free encyclopedia

Hindalco Industries Ltd
Traded asBSE500440
BSE SENSEX Constituent
ISINUS4330641022 Edit this on Wikidata
Founded1958; 61 years ago (1958)[1]
HeadquartersMumbai, Maharashtra India
Area served
Key people
Kumar Mangalam Birla (Chairman)
Satish Pai (Managing Director)
ProductsAluminum and copper products
Revenue130,542 crore (US$19 billion) (2019)[2]
8,083 crore (US$1.2 billion) (2019)[2]
5,495 crore (US$790 million) (2019)[2]
Total assets152,631 crore (US$22 billion) (2019)[2]
Number of employees
40,000 (2018)[3]
ParentAditya Birla Group

Hindalco Industries Ltd., an Indian aluminium and copper manufacturing company, is a subsidiary of the Aditya Birla Group.[4] Its headquarters are at Mumbai, Maharashtra, India. It is the Flagship company in the metals business.

The company has annual sales of US$ 15 billion and employs around 20,000 people.[3] It is listed in the Forbes Global 2000 at 895th rank.[5] Its market capitalisation by the end of May 2013 was US$ 3.4 billion.[6] Hindalco is one of the world's largest aluminium rolling companies and one of the biggest producers of primary aluminium in Asia.[7]

YouTube Encyclopedic

  • 1/3
    14 115
    1 374
  • ✪ B-tech/Graduates की आई Hindalco Industries Ltd में भर्ती। Hindalco Industries Limited Recruitment
  • ✪ ADITYA BIRLA GROUP//HINDALCO INDUSTRIES LTD.//Gare palma mines//Safety week //celebration.2017
  • ✪ Summer Trainning Report Hindalco Industries Renukoot




The Hindustan Aluminum Corporation Limited was established in 1958 by the Aditya Birla Group. In 1962 the company began production in Renukoot in Uttar Pradesh making 20 thousand metric tons per year of aluminium metal and 40 thousand metric tons per year of alumina. In 1989 the company was restructured and renamed Hindalco.[8]


Power plant


On 11 February 2007, the company entered into an agreement to acquire the Canadian company Novelis for US$6 billion, making the combined entity the world's largest rolled-aluminium producer.[10] At 2007 Novelis was the world's largest producer of rolled aluminium and a major recycler of aluminium cans.[8] On 15 May 2007, the acquisition was completed with Novelis shareholders receiving $44.93 per outstanding share of common stock.

Hindalco, through its wholly owned subsidiary AV Metals Inc., acquired 75,415,536 common shares of Novelis, representing 100 percent of the issued and outstanding common shares. Immediately after closing, AV Metals Inc. transferred the common shares of Novelis to its wholly owned subsidiary AV Aluminum Inc. When Hindalco made this bid in 2007 this became the largest Indian investment in North America and the second-largest overseas investment by an Indian company (behind Tata Steel Europe's purchase of Corus two weeks earlier) to this time.[8]

The day after Hindalco announced the acquisition its stock fell by 13% resulting in a US$600 million drop in market capitalisation. Shareholders criticised the deal but K.M. Birla responded that he had offered a fair price for the company and stated, "When you are acquiring a world leader you will have to pay a premium."[8]

Other acquisitions

In June 2000, acquisition of controlling stake in Indian Aluminium Company Limited (Indal) with 74.6 per cent equity holding.[11]

In July 2007, Hindalco announced it is acquiring the stake of Alcan Inc.'s in the Utkal Alumina Project located in Orissa.

In 26 July 2018, Hindalco announced it is acquiring Aleris Corporation in a US$2.58 billion deal [12]

Listings and shareholding

The equity shares of Hindalco are listed on the Bombay Stock Exchange,[13] where it is a constituent of the BSE SENSEX index,[14] and the National Stock Exchange of India,[15] where it is a constituent of the S&P CNX Nifty.[16] Its Global depository receipts are listed on the Luxembourg Stock Exchange.

As on 30 June 2013, the promoters Aditya Birla Group held around 32% equity shares in Hindalco. Over 408,000 individual shareholders hold approx. 9% of its shares.[17]

See also


  1. ^ "About us | Overview". Hindalco. 19 August 2009. Retrieved 11 February 2011.
  2. ^ a b c d "Consolidated profit & loss" (PDF). Hindalco Industries. Retrieved 16 May 2019.
  3. ^ a b "Annual Report 2012-13" (PDF). Retrieved 29 December 2013.
  4. ^ "Businesses | Aluminium | Rolled products". Hindalco. 16 November 2007. Retrieved 28 September 2010.
  5. ^ "Hindalco Industries". Forbes. May 2013. Retrieved 28 December 2013.
  6. ^ "The World's Biggest Public Companies". Forbes. May 2013. Retrieved 28 December 2013.
  7. ^ "Hindalco to acquire Novelis for $6.0 Billion". Retrieved 28 September 2010.
  8. ^ a b c d Kumar, Nirmalya (2009). India's Global Powerhouses. Harvard Business Press. pp. 107–120. ISBN 978-1-4221-4762-7.
  9. ^ a b c
  10. ^ " future-for-rolled-aluminum-products-industry". Norway: Retrieved 28 September 2010. External link in |title= (help)
  11. ^ "Indian Aluminium Company Ltd". 19 January 2003. Retrieved 28 September 2010.
  12. ^ "Hindalco to acquire Aleris at an EV of US$ 2.58 Billion". Retrieved 2 April 2019.
  13. ^ "Stock Share Price Hindalco Industries Ltd". Retrieved 28 December 2013.
  14. ^ "Scripwise Weightages in S&P BSE SENSEX". BSE India. Retrieved 28 December 2013.
  15. ^ "Hindalco Industries Limited". NSE India. Retrieved 28 December 2013.
  16. ^ "Download List of CNX Nifty stocks (.csv)". NSE India. Retrieved 12 October 2013.
  17. ^ "Shareholding Pattern". Hindalco Industries. Retrieved 28 December 2013.

External links

This page was last edited on 3 December 2019, at 10:32
Basis of this page is in Wikipedia. Text is available under the CC BY-SA 3.0 Unported License. Non-text media are available under their specified licenses. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. WIKI 2 is an independent company and has no affiliation with Wikimedia Foundation.