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    ALPHA TRIBE

    Hindusthan National Glass & Industries Limited — Updates, 22-08-2025: General Updates

    22-08-2025 | 07:38 pm

    NCLT approved INSCO's resolution plan for Hindusthan National Glass. INSCO, a glass industry veteran, will infuse INR 2,165.58 Cr, including INR 1,000 Cr for capex to revive plants. Creditors will recover ~60% of admitted claims, while existing shareholders' equity will be cancelled and delisted.

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