ALFA Filings
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Hindustan Composites completed the slump sale of its Friction Business Undertaking for ₹370 Crore. This follows shareholder approval and marks the full completion of the transaction.
Hindustan Composites completed the slump sale of its Friction Business Undertaking to Rane (Madras) Limited. Concurrently, the Managing Director and four senior personnel transferred to RML.
Hindustan Composites Limited received shareholder approval for the slump sale of its Friction Business Undertaking via postal ballot. The resolution was deemed passed on August 8, 2026.
Hindustan Composites received shareholder approval for the Rs. 370 Crore slump sale of its Friction Business Undertaking to Rane (Madras) Limited.
Hindustan Composites approved the slump sale of its Friction Business to Rane (Madras) Limited. The transaction value is ₹370 Crore.