Announced Mon, 22 Jun · 22:22 IST
Hindalco wholly owned subsidiary East Coast Bauxite struck off
Strategic Transactions View source PDF
HINDALCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.9%1-day move
₹1015.50
prior close
₹999.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.6-0.9-0.8-3.9-6.3-5.3-5.4-7.4-6.1-6.1-5.9——
Up moveDown movePending
AI summary
Hindalco's wholly owned subsidiary East Coast Bauxite Mining Company has been struck off by the Registrar of Companies, Cuttack, effective June 22, 2026. The subsidiary had applied for voluntary strike off under Section 248 of the Companies Act, 2013. It contributed nil to turnover, revenue, and net worth in the last financial year. The company says this action will have no material impact on its operations or financial position.
Likely market impact
No material impact on operations or finances; purely housekeeping as the subsidiary had nil contribution.