Hindalco Industries Limited, the aluminium company that is part of the Aditya Birla Group, announced the re-appointment of Praveen Kumar Maheshwari as Whole-time Director on the company’s Board, with effect from May 28, 2023. According to the company’s exchange filing, “The Board at its Meeting held today has approved re-appointment of Mr. Praveen Kumar Maheshwari…
Hindalco-owned Novelis recently announced that it has completed the acquisition of Ohio-based aluminium rolled product manufacturer Aleris Corp. The deal, which was signed two years back, has finally been completed at a value of $2.8bn. The deal has also made Hindalco the world’s largest aluminium maker. In an official statement, Kumar Mangalam Birla, Chairman of…