Hindusthan National Glass exits JV with Turkish firm, sells entire 11.23% stake

Hindusthan National Glass exits JV with Turkish firm, sells entire 11.23% stake

Photo: Reuters

Hindusthan National Glass & Industries Ltd on Wednesday said it has entered into a share purchase agreement for divesting its entire 11.23% holding in HNG Float Glass Limited, which was a joint venture company between Hindusthan National Glass and Turkey-based float glass manufacturer Trakya Cam Sanayii A.S. for a consideration of Rs129.76 crore.

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