Hindalco BoD to meet tomorrow for preferential share issue

New Delhi, Mar 1 (UNI) The Board of country's largest aluminium producer Hindalco Industries Ltd will meet tomorrow to consider a preferential issue of equity shares or equity linked instruments.

This is basically to fund the Novelis deal as the company announced on February 11 its plans to acquire Novelis for 5.9 billion dollars, a statement said.

UNI